CryptoPotato reported that Sentora, an on-chain credit management platform, has added FXRP to its RLUSD vault loan collateral assets operating on the Ethereum mainnet Morpho protocol. FXRP is wrapped XRP on the Flare network, allowing XRP holders to access institutional-grade loans in the Ethereum DeFi ecosystem without selling their assets. Flare stated that it plans to continue developing Smart Accounts functionality, which will enable DeFi loan procedures to be executed directly from XRP Ledger (XRPL) wallets, and infrastructure that allows direct transfer of FXRP from XRPL to the Ethereum mainnet.
