Project Progress

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FXRP Approved as Collateral for RLUSD Borrowing on Morpho, First XRP Asset in Institutional Ethereum Vault

Announced Monday by layer 1 blockchain developer Flare, FXRP has been approved as collateral in Sentora's RLUSD Main vault on Morpho, allowing XRP holders to borrow Ripple's RLUSD stablecoin on Ethereum without selling their tokens. Users can convert XRP to FXRP, bridge it to Ethereum, and use it to
RLUSD0.04%
MORPHO-1.79%
XRP-9.92%
ETH-2.36%
WBTC0.17%
GateNews·08-03 17:57
FXRP Approved as Collateral for RLUSD Borrowing on Morpho, First XRP Asset in Institutional Ethereum Vault