XRP holders can now borrow RLUSD on Ethereum through $280 million lending pool
Flare said Sentora approved FXRP, wrapped XRP, as collateral in an isolated Morpho Blue market to let XRP holders borrow Ripple’s RLUSD stablecoin on Ethereum without selling. The $280 million RLUSD lending pool reviewed FXRP’s market behavior, oracle, liquidity and liquidation capacity. Flare is building tools to streamline minting and bridging. About 155 million FXRP minted.
