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XRP holders can now borrow Ripple's stablecoin RLUSD using FXRP as collateral on Ethereum.

Protocol Fundamentals
03 Aug 2026
Crypto Briefing
View Source
Bullish
XRP holders can now borrow Ripple's stablecoin RLUSD using FXRP as collateral on Ethereum.

Flare Network's FXRP token is now approved as collateral in Sentora's $280M RLUSD lending vault on Ethereum, allowing XRP holders to borrow Ripple's stablecoin without selling their XRP. FXRP tokens, backed 1:1 by XRP, can be bridged to Ethereum and used in a dedicated lending market, reducing risk. This integration marks a major step for XRP in DeFi, which previously lacked lending options due to its blockchain limitations. Investors should note the multi-layered smart contract risks involved, but upcoming features like Smart Accounts aim to simplify user experience.

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