16h ago

Flare expands Sentora’s $280 million RLUSD vault on Morpho to allow FXRP collateral

AI Market Summary

Flare has enabled FXRP (an XRP-pegged asset) to be used as collateral in Sentora's institutionally curated $280M RLUSD vault on Morpho, allowing XRP holders to borrow RLUSD on Ethereum without selling XRP exposure. This deepens XRP's integration with Ethereum DeFi and expands capital efficiency for XRP-linked liquidity, potentially supporting broader utilization of XRP representations across lending markets.

Impact level

● Medium

Affected assets

XRP/USDT-0.40%

AI Insight · XRP/USDTAI Insight

▲ Bullish

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Flare Network has added FXRP, an XRP-pegged asset, as eligible collateral in Sentora’s RLUSD lending vault on Morpho, a pool sized at $280 million. The vault is described as the first institutionally curated lending vault on Ethereum mainnet to approve FXRP as collateral. The change allows XRP holders to borrow RLUSD without selling their XRP exposure, keeping their position while accessing on-chain liquidity.

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