XRP Gets Another DeFi Boost Through Flare’s FAssets and FXRP, Messari Says

Flare Network is helping push XRP deeper into decentralized finance (DeFi) with FXRP — a fully collateralized, non-custodial representation of XRP on Songbird — and a growing suite of infrastructure now drawing interest from retail and institutional players alike, according to a Messari report.Flare validates off-chain data without external middleware. The framework secures FAssets, such as FXRP, and enables cross-chain transactions, which is key to building a decentralized financial ecosystem around XRP.At the protocol layer, FXRP minting utilizes a multi-collateral system, pooling stablecoins, FLR, and agent funds, to maintain a 2x or greater over-collateralization ratio source: https://www.coindesk.com/markets/2025/06/17/xrp-gets-another-defi-boost-through-flare-s-fassets-and-fxrp-messari-says