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XRP holders can now borrow RLUSD on Ethereum using wrapped XRP as collateral without selling.

Protocol Fundamentals
04 Aug 2026
Coindesk
View Source
Bullish
pluang ai news

XRP holders can borrow Ripple's RLUSD stablecoin on Ethereum by using wrapped XRP (FXRP) as collateral through a $280 million lending pool managed by Sentora. This new isolated market on Morpho Blue allows borrowing without selling XRP, with FXRP approved after institutional risk review. Flare is working to simplify the multi-step minting and bridging process, aiming for direct authorization from XRP Ledger wallets. This development opens new DeFi opportunities for XRP holders while maintaining risk isolation within the lending pool.

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