FXRP approved as collateral in Sentora's RLUSD vault on Morpho Blue
Flare's wrapped XRP (FXRP) is now approved as collateral in Sentora's RLUSD Main vault on Morpho Blue, a $280M pool and the largest institutionally curated RLUSD vault on Ethereum. This enables XRP holders to access liquidity without selling their holdings and introduces institutional-grade DeFi lending to the XRP ecosystem.
Detected & updated continuously · Source: Nebula
Sources
@conorfkenny
XRP holders can now access liquidity without selling their holdings. With Flare, users can use FXRP as collateral to borrow RLUSD on Ethereum, introducing institutional-grade DeFi lending to the XRP ecosystem. https://t.co/YnAZ0a58NA
@blazeycrypto
One of the largest, least-utilized assets in DeFi just got a real credit rail on Ethereum FXRP, Flare's wrapped $XRP, is now approved as collateral in Sentora's RLUSD Main vault on Morpho Blue, a $280M pool and the largest institutionally curated RLUSD vault on Ethereum $XRP https://t.co/tfQH5aH8Mv