"The Flare-Xaman integration compresses what used to be a multi-step, multi-wallet process into a single transaction signed from the XRP Ledger. Users deposit XRP into Upshift's earnXRP vault directly from the Xaman interface. Behind the scenes, the system mints FXRP—a 1:1 overcollateralized representation of XRP on Flare—allocates it into curated vault strategies managed by Clearstar, a Flare-based risk management firm, and distributes yield back to the user."
"For the first time, XRP holders can earn yield from a self-custodial wallet while Ethereum and Solana have offered this for years. With XRP down 62% from its July peak and only 0.1% of supply active in DeFi, native yield could be the catalyst that pulls idle tokens off exchanges and shifts the price outlook for 2026."
"Within 24 hours of launch, users bridged more than 3 million XRP to Flare and deposited it into Upshift via Xaman. FXRP's circulating supply climbed to 114 million tokens by February 28—up from 100 million just nine days earlier. Over 43,570 minting transactions have now been completed since FAssets launched in September 2025."
XRP holders gained their first native yield option on February 26 through a Flare-Xaman integration that simplifies earning returns directly from self-custodial wallets. The system allows users to deposit XRP into Upshift's earnXRP vault from Xaman, which mints FXRP tokens on Flare and allocates them into curated vault strategies managed by Clearstar. This eliminates previous multi-step processes requiring multiple wallets and gas tokens. The launch generated immediate adoption, with over 3 million XRP bridged to Flare within 24 hours and FXRP's circulating supply reaching 114 million tokens by February 28. With only 0.1% of XRP supply active in DeFi and significant idle holdings, native yield could catalyze movement of tokens from exchanges and influence 2026 price dynamics.
Read at 24/7 Wall St.
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