PANews February 3 News, according to CoinDesk, the blockchain network Flare has enabled lending functionality for its on-chain XRP-pegged asset FXRP through integration with the cross-chain lending protocol Morpho. This update aims to provide XRP holders with more decentralized finance options, allowing them to earn interest by depositing FXRP or use FXRP as collateral to borrow stablecoins and other assets. Currently, this feature is accessible via the standalone Mystic app, initially offering lending pools supported by FXRP, Flare’s native token FLR, and the stablecoin USDT0. Morpho’s market design isolates each lending asset pair to limit risk transmission.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Is The XRP Ledger Quantum Ready?
Like Bitcoin and Ethereum, XRP isn’t quantum-ready yet, but its adaptability enables its network to seamlessly integrate post-quantum migration solutions ahead of the two largest chains by market cap.
Unlike BTC and ETH, XRP can update its cryptography through mere validator consensus.
Quantum co
Blockzeit2m ago
XRP Price Prediction: Standard Chartered Targets $8 As ETF Inflows Hit $1.24 Billion, but Pepeto ...
XRP spot ETFs pulled $1.24 billion since November with barely a red day, and Standard Chartered’s Kendrick targets $8
The xrp price prediction has never been stronger, but at $1.42 with $85 billion market cap, even $8 is 5.6x, and the biggest returns come from presale entries where listing math
BlockChainReporter4h ago
XRP Slides to $1.42 After Losing $1.80–$2 Neckline as $1.39 Support Faces Immediate Test
XRP dropped to less than the $1.80-2 neckline and a key support area became an overhead and the overall trend was altered.
The current short-term trading corridor is between the support and resistance of the asset which is between $1.39 and $1.47 respectively.
A price above $1.39 will
CryptoNewsLand6h ago
