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Flare's FXRP lets XRP holders use their tokens as collateral in DeFi, expanding XRP's utility beyond its ledger.

Protocol Fundamentals
18 Jun 2026
Blockonomi
View Source
Bullish
pluang ai news

Flare CEO Hugo Philion explained how FXRP bridges XRP into a smart contract environment, enabling holders to use XRP as collateral for lending and borrowing while maintaining exposure to their original holdings. This expands XRP's utility by adding DeFi services and cross-chain interoperability, supported by Flare's infrastructure. The platform also focuses on privacy and secure computation to attract institutional users and plans to integrate tokenized real-world assets. Since its launch in September 2025, FXRP adoption has grown rapidly, with over 153 million XRP bridged and staked assets exceeding $73 million, signaling strong ecosystem growth.

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