XRP Holders Can Borrow RLUSD on Ethereum by Posting FXRP as Collateral
XRP holders can now access Ripple’s RLUSD stablecoin on Ethereum without selling their tokens after Flare’s FXRP was approved as collateral in Sentora’s RLUSD Main vault. The setup allows users to convert XRP into FXRP, bridge it to Ethereum, post it on Morpho, and borrow RLUSD while keeping exposure to XRP’s price. Flare said the move addresses a long-standing infrastructure gap that has kept XRP, despite its size, from seeing broader use in decentralized finance. Sentora said it reviewed FXRP’s market behavior, oracle structure, liquidity profile, and liquidation mechanics before approving the asset. The rollout also adds to Ripple’s broader push for RLUSD, which began testing on Ethereum and the XRP Ledger in August 2024, received approval from the New York Department of Financial Services in December 2024, and was named by Mastercard last month as one of the regulated stablecoins it plans to support for settlement.








