XRP holders can now borrow RLUSD against their coins on Ethereum without selling, through a $280 million vault that had never accepted an XRP-linked asset before. XRP holders can now use wrapped XRP (FXRP) as collateral to borrow Ripple’s RLUSD stablecoin on Ethereum via a new isolated market on Morpho Blue. The lending pool, managed by Sentora, approved FXRP after reviewing its market behavior, oracle design, liquidity and liquidation capacity under an institutional risk framework. Flare is de…
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