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Flare Network simplifies XRP DeFi access with single-signature smart accounts update.

Protocol Fundamentals
28 Jul 2026, 18:02 WIB
Dailycoin
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Bullish
Flare Network simplifies XRP DeFi access with single-signature smart accounts update.

Flare Network launched Smart Accounts v1.3, enabling XRP holders to mint FXRP and deposit into DeFi vaults with a single XRP Ledger signature, eliminating previous multi-step processes. This update removes the need for separate EVM wallets, gas tokens, and manual bridging, streamlining DeFi onboarding for XRP users. It also adds new vault options and supports more wallets, expanding access to yield-generating strategies. This simplification could boost XRP's participation in DeFi, where it has historically been limited due to technical barriers.

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