This surge comes as XRP holders rush to take part in the growing on-chain economy now known as XRPFi. Over the weekend, another 15 million XRP was bridged to Flare, pushing the total value of XRP on the network to $86.2 million. That makes Flare the largest EVM-compatible DeFi ecosystem for XRP today.

“This is a turning point for the XRP ecosystem,” said Hugo Philion, Co-founder of Flare. “For the first time, XRP holders can participate in non-custodial DeFi using their existing assets — earning yield, providing liquidity, and engaging in a growing ecosystem powered by Flare’s native technology.”

Expanding Access through Xaman

In a move to simplify adoption, Flare recently integrated the Xaman wallet, allowing users to mint FXRP directly without complex steps. With this update, XRP holders can supply tokens through Xaman and confirm transactions via familiar EVM wallets such as Ledger or Bifrost. This integration marks the beginning of a more seamless process, as both teams are now building a chain-abstracted solution designed to make XRPFi participation even easier and safer.

The move highlights a broader trend across the crypto world: bridging traditional digital assets like XRP into modern DeFi environments. By doing so, Flare is helping transform passive holdings into yield-generating assets — a development that mirrors similar momentum seen with wrapped Bitcoin on Ethereum or Solana’s tokenized liquidity growth earlier this year.

Messari Insights and Growing Institutional Interest

According to a recent Messari report, demand for FXRP has been overwhelming. The initial 5 million mint cap filled in under four hours, forcing an increase to 15 million shortly after. The report also underscores how Flare’s built-in oracles — the Flare Time Series Oracle (FTSO) and Flare Data Connector (FDC) — continue to provide accurate, decentralized pricing for assets like FXRP.

Institutional participation is also rising, with firms like Uphold and VivoPower joining the ecosystem. Flare’s 2.2 billion FLR incentive program aims to promote sustainable liquidity and yield generation rather than short-term speculation, signaling a maturing DeFi environment around XRP.

Looking Ahead: Simplifying XRPFi

New tools like MoreMarkets’ XRP Flare Account now make it possible for XRP holders to earn yield automatically through Flare-based DeFi platforms while keeping full control of their funds. It’s a glimpse into a future where digital assets work harder for their owners, without extra risk or friction.

Disclaimer

The information provided by Altcoin Buzz is not financial advice. It is intended solely for educational, entertainment, and informational purposes. Any opinions or strategies shared are those of the writer/reviewers, and their risk tolerance may differ from yours. We are not liable for any losses you may incur from investments related to the information given. Bitcoin and other cryptocurrencies are high-risk assets; therefore, conduct thorough due diligence. Copyright Altcoin Buzz Pte Ltd.

The post Flare Leads EVM DeFi for XRP with FAssets Launch appeared first on Altcoin Buzz.

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