Sentora Approves FXRP as Collateral for RLUSD Vault on Ethereum Mainnet
Sentora integrates FXRP into its Morpho-based RLUSD vault, enabling XRP holders to access Ethereum DeFi lending without selling assets, boosting cross-chain utility.
Woofun AI reports that Sentora has approved FXRP as eligible collateral for loans within its RLUSD vault on the Morpho protocol, operating on the Ethereum mainnet. This integration allows XRP holders to utilize their assets for institutional-grade lending in the Ethereum DeFi ecosystem without liquidating their underlying positions. FXRP serves as a wrapped representation of XRP issued on the Flare Network, bridging smart contract functionality to assets like XRP.
Flare Network indicates this move is part of a broader strategy to deepen XRP’s DeFi integration. The network plans to develop Smart Accounts for direct lending from XRP Ledger wallets and infrastructure for direct FXRP transfers to Ethereum, aiming to reduce cross-chain friction.
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