Skip to content
Back to Guavy Wire
Crypto

XRP Holders Get New Lending Option with FXRP Approval

Instruments
ETH XRP FLR LUSD
Share

XRP holders have been given a significant boost as Flare Networks' wrapped XRP token, FXRP, was approved as collateral in Sentora's RLUSD Main vault on Morpho Blue.

This move allows XRP holders to borrow Ripple's RLUSD stablecoin on Ethereum without selling their coins. According to CoinDesk, the integration of FXRP as collateral in an institutionally curated vault marks a major change for the XRP DeFi ecosystem.

The process is straightforward: users mint FXRP through Flare's FAssets system, bridge it to Ethereum via Stargate, deposit it as collateral, and borrow RLUSD at their chosen loan-to-value ratio. The market sits inside an isolated FXRP/RLUSD lending pool on Morpho Blue.

Sentora manages the vault, which currently holds approximately $280 million in deposited RLUSD, making it the largest institutionally curated RLUSD vault on Ethereum. Flare's CEO noted that despite XRP's size as an asset, it has historically seen very little use in DeFi.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc