Sentora approves FXRP collateral for Ethereum mainnet RLUSD vault

Sentora has added FXRP as eligible collateral for loans from its RLUSD vault on the Morpho protocol on the Ethereum mainnet, CryptoPotato reported. FXRP is wrapped XRP on the Flare Network, allowing XRP holders to access institutional-grade lending in the Ethereum DeFi ecosystem without selling their assets. Flare said it plans to continue developing Smart Accounts, which would let users carry out DeFi lending directly from XRP Ledger wallets, as well as infrastructure for direct FXRP transfers from XRPL to the Ethereum mainnet.