Flare Network has integrated Xaman, a self-custody wallet based on the XRP Ledger, enabling XRP holders to mint FXRP directly from their Xaman wallets. This integration removes the previous requirement to transfer XRP to an EVM wallet like MetaMask before minting FXRP. The initiative is part of Flare's strategy to enhance XRP's utility within the decentralized finance (DeFi) ecosystem.
Following the integration, over $68 million in XRP has been deposited on Flare, with users minting more than 8 million FXRP within three hours after the minting cap was increased to 15 million FXRP. This development underscores the growing interest and participation in Flare's DeFi offerings.
Flare Network Integrates Xaman Wallet for Direct FXRP Minting
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