Startups & Venture
Xaman and Flare Mobilize $3B of Idle XRP into DeFi Vaults
Xaman’s wallet-native integration with Flare lets existing XRP wallets place dormant balances into curated FXRP yield vaults via a single, wallet-level authorization, mobilizing roughly 2,000,000,000 XRP (about 3.5% of supply, ≈$3B). The flow plugs into Flare’s growing FXRP market infrastructure — including Morpho-powered single-collateral lending markets surfaced by Mystic and custody onramps such as Hex Trust — creating parallel distribution channels with different risk and capital profiles.