Flare Brings DeFi Lending and Borrowing to XRP Holders via Morpho

• FXRP lending unlocks onchain yield and borrowing for XRP holders within Flare.
• Morpho’s isolated markets limit risk while enabling tailored lending and borrowing.
• Mystic app offers first access, with future expansion planned across Flare DeFi.

Flare has taken a significant step toward expanding decentralized finance access for XRP holders by enabling lending and borrowing for its XRP-pegged asset, FXRP. The upgrade introduces tools that allow users to earn yield or unlock liquidity without leaving the Flare ecosystem. 

Consequently, XRP holders now gain onchain utility that previously remained limited compared with smart-contract networks. The move reflects a broader effort to connect large token communities with practical DeFi use cases.

First modular lending for XRP is here.@Morpho × @mystic_finance are now live — bringing permissionless, actively mana…

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