XRP holders can now earn yield or borrow against FXRP without selling their holdings

XRP holders can now earn yield or borrow against FXRP without selling their holdings

Users can now lend FXRP to earn yield or use it as collateral to borrow other assets, giving XRP holders new ways to put their tokens to work onchain.

First Modular XRP Lending Goes Live as Morpho, Mystic Launch on Flare · Cardano Feed

Key HighlightsFXRP holders can access yield opportunities through decentralized lending markets without liquidating their positions.The deployment marks the integration of institutional-grade modular vault...

Flare Network Launches Modular Lending to Boost XRP's DeFi Potential

Flare Network has introduced modular lending for XRP, aiming to expand the token’s DeFi potential. This move allows holders of the FXRP token, a 1:1 representation of XRP on Flare, to borrow stablecoins and other crypto assets using their holdings. Flare partnered with Morpho and Mystic to launch the lending feature, marking a significant step towards the token’s new role in decentralized finance (DeFi). Flare Partners to Boost DeFi for XRP Flar…

Flare Expands XRP DeFi with Modular Lending Introduction

Flare Network advances XRP DeFi utility by introducing modular lending through its new FXRP initiative, impacting market dynamics.

XRP’s DeFi Utility Expands as Flare Introduces Modular Lending for XRP

The Flare network has introduced the first-ever modular lending for XRP, marking the network’s latest move to boost the token’s DeFi use case. With this move, holders of the FXRP token, which is the 1:1 version of XRP on Flare, will be able to borrow stablecoins and other crypto assets using their holdings alongside other The post XRP’s DeFi Utility Expands as Flare Introduces Modular Lending for XRP appeared first on CoinGape.