Flare Network launches XRP-wrapped token FXRP

Odaily Planet Daily News: Flare Network announced the launch of the XRP wrapped token FXRP, which supports decentralized finance (DeFi) applications. It is reported that XRP holders can deposit collateral through Flare's "independent agent" network to mint FXRP, enabling the asset to be traded, borrowed, or provided as liquidity on Flare-based platforms. (The Block)