XRP Gains Access to Institutional DeFi Lending Through FXRP on Ethereum

Users can convert their XRP into FXRP and use it as collateral on Ethereum to borrow RLUSD without selling their holdings. Flare has announced that its FXRP token can now be used as collateral in Sentora’s RLUSD vault on Morpho, marking a new step for XRP in decentralized finance. The update allows XRP holders to access lending markets on Ethereum without selling their underlying holdings. The integration follows Sentora’s approval of FXRP for use in its institutionally managed RLUSD vault, announced on August 3, 2026. The vault holds about $280 million in RLUSD and now includes a dedicated FXRP/RLUSD market on Morpho Blue. FXRP Approved as Ethereum Lending Collateral According to a press release sent to CryptoPotato, this is the first time a version of XRP has been accepted as collateral in an institutional lending vault on Ethereum mainnet. Users can mint FXRP through Flare’s FAssets system, transfer it to Ethereum through Stargate, and borrow RLUSD while keeping exposure to XRP. The lending market is open to all users and does not require a whitelist before participation. A supply cap has been introduced at launch, with the limit expected to change as liquidity grows. Commenting...