XRP Meets DeFi as Flare Launches FXRP v1.2 on Mainnet

Flare’s long-anticipated bridge between XRP and decentralized finance is live. FAssets are on Flare mainnet today, beginning with FXRP v1.2. For the first time, XRP holders can mint a one-to-one representation of their holdings, FXRP, and use it across Flare’s growing DeFi stack. Flare’s team calls this the start of an “XRP DeFi awakening,” and the platform has shipped the tools for holders to start putting XRP to work immediately.