Flare has announced that its FXRP token can now be used as collateral in Sentora’s RLUSD vault on Morpho, marking a significant step for XRP in decentralized finance. This integration allows XRP holders to access lending markets on Ethereum without selling their underlying holdings. The vault holds approximately 280 million dollars in RLUSD and now includes a dedicated FXRP/RLUSD market on Morpho Blue. This marks the first time a version of XRP has been accepted as collateral in an institutional lending vault on Ethereum mainnet. Sentora completed a comprehensive review covering market behavior, price oracles, liquidity, and liquidation mechanisms before approving the asset.
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