XRP Set to Enter the DeFi World! Flare Introduces Staking and Lending for XRP Holders!

Flare, a growing Layer 1 network, is launching FXRP—an initiative that will allow XRP holders to access DeFi features like staking, lending, and borrowing. The program was announced by the Flare team on April 10 and brings new hope to the XRP community, which has long been limited in decentralized functionality.
In an official post on X, Flare described the project as part of its XRPFi initiative, aimed at bringing programmability and new incentives to XRP holders. This means holding XRP is no longer just about waiting for the price to rise—it can now also generate passive income through DeFi activities.
With this system, users will be able to stake and lend their XRP for predetermined returns. Borrowing and trading options will also be available, offering a level of flexibility that the XRP Ledger has not previously supported.
Hugo Philion, a co-founder of Flare, first hinted at the plan in March. He said, “We will offer low-risk staking opportunities for XRP holders,” showing that the approach is designed to appeal to retail users with a focus on simplicity and comfort.
The potential impact of this integration is significant. According to Flare, the program could unlock DeFi access for more than $116 billion worth of XRP. Currently, the XRP Ledger itself does not natively support many DeFi features, and Flare aims to bridge that gap.
Flare’s DeFi ecosystem already has a Total Value Locked (TVL) of over $76 million. One of the top contributors is Clearpool TPOOL, which accounts for 38% of the total, or about $29.1 million. Other protocols like Sceptre Liquid and Kinetic are also gaining attention with their liquid staking and lending services.
In summary, the launch of FXRP could be a key move in bringing XRP into the DeFi space in a meaningful way. It not only expands the utility of XRP but also strengthens its position in the global decentralized finance ecosystem.
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