Flare and Xaman Unlock One-Click DeFi for Idle XRP

TLDR

• Flare and Xaman introduced a one-click system that allows XRP holders to access DeFi directly from their existing wallets.
• The integration targets more than 2 billion XRP tokens that remain idle in wallets and outside decentralized finance.
• The new process removes the need for separate wallets, gas tokens, and complex bridging steps.
• FAssets create a wrapped version of XRP on Flare that interacts with smart contracts.
• Flare Smart Accounts allow users to authorize transactions using their current XRPL credentials.

Flare and Xaman introduced a new integration that targets more than 2 billion XRP tokens sitting idle in wallets. The companies estimate these tokens represent about 3.5% of the circulating supply and carry a value near $3 billion. The integration allows holders to access decentralized finance through a single in-wallet transaction.

Xaman Integrates Direct Vault Access on Flare

Xaman confirmed it reached an agreement with the Flare blockchain to simplify DeFi access for XRP holders. The company said users can now deposit XRP directly into a curated vault on Flare through one action. The update removes the need to download new wallets or manage gas tokens.

Many XRP holders previously avoided DeFi due to technical barriers and unfamiliar interfaces. The new system embeds the full workflow inside the existing Xaman wallet. Wietse Wind, founder of Xaman, said, “This integration lets our users explore new options directly from the wallet they already know, while keeping full control of their keys and decisions.”

The integration relies on three core components that operate in the background. FAssets create a trust-minimized representation of XRP on Flare for smart contract use. Flare Smart Accounts let users authorize transactions with existing XRPL credentials.

Xaman provides the front-end interface and guides users through the process. As a result, users avoid handling separate private keys across different chains. The process reduces operational steps to a single confirmation within the wallet.

Behind the scenes, the transaction carries structured instructions across systems. Flare’s Data Connector validates each request before execution. Smart Account controllers mint the wrapped asset and allocate it into vault strategies.

FAssets and Smart Accounts Power XRPFi Workflow

FAssets function as wrapped XRP that interacts with decentralized applications on Flare. The system creates FXRP, which users can deploy across lending and staking programs. Flare reported that minted FXRP supply has surpassed 100 million tokens.

More than 60 million FXRP tokens currently operate within staking programs and structured products. These figures show that some XRP holders already deploy assets into yield strategies. The new integration aims to expand that participation through simplified access.

Upshift manages the vault strategies while Clearstar curates capital deployment and risk controls. The companies structure strategies around lending markets and collateralized positions. They also use structured products to generate yield within defined parameters.

Flare compresses typical multi-step DeFi actions into one workflow through Smart Accounts. The system handles minting, allocation, and yield distribution automatically. Users only authorize the transaction through their existing credentials.

Recent market data showed XRP gained 6% earlier this week alongside a 212% rise in retail buying volume. Exchange-traded fund inflows have remained positive since their November launch. Flare and Xaman announced the integration as the FXRP minted supply crossed the 100 million mark.

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