CryptoCoinDeskabout 2 hours ago
XRP holders can borrow RLUSD via $280M pool
1 min read
XRP holders can now use wrapped XRP (FXRP) as collateral to borrow Ripple's RLUSD stablecoin on Ethereum via a new isolated market on Morpho Blue. The $280 million lending pool, managed by Sentora, approved FXRP after reviewing its market behavior, oracle design, liquidity and liquidation capacity.
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