- FAssets officially launch on Flare mainnet
- XRP holders can mint FXRP for DeFi use
- Flare expands real utility for non-smart contract tokens
XRP Holders Can Now Mint FXRP as FAssets Launch on Flare
Flare Network just hit a major milestone — FAssets are now live on the Flare mainnet, marking a huge step forward in unlocking DeFi utility for non-smart contract tokens. XRP holders are among the first to benefit, with the ability to mint FXRP, a wrapped version of XRP, and deploy it across Flare’s expanding DeFi ecosystem.
This launch brings long-awaited functionality to assets like XRP that, until now, have lacked direct access to DeFi applications due to their native blockchain limitations.
FXRP Brings New Utility to XRP in DeFi
With the FAssets system now live, holders of XRP can mint FXRP, which behaves like a smart contract-enabled version of XRP. This allows users to participate in various DeFi activities on Flare such as lending, liquidity provision, and yield farming — all without giving up ownership of their original XRP tokens.
FXRP is the first of many wrapped assets planned by Flare, with more supported tokens expected soon. This system is designed to make non-smart contract tokens interoperable, bridging them into a DeFi world they previously couldn’t enter.
Why This Is Big for Flare and XRP
The activation of FAssets and FXRP demonstrates Flare’s core mission: bringing utility to assets like XRP, BTC , and DOGE by enabling smart contract capabilities without altering their native chains.
This is especially bullish for the XRP community, which has long awaited meaningful DeFi integration. Flare now offers a secure and decentralized way for XRP holders to earn yield, trade, and participate in the ecosystem without needing to trust third-party bridges or custodians.
With this launch, Flare cements itself as a key player in cross-chain DeFi infrastructure, and a growing home for users who hold assets outside of Ethereum-compatible chains.
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