Flare enables lending functionality by integrating with Morpho for its on-chain XRP-pegged asset FXRP

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XRP news

Source: PANews

2026-02-03 13:04:46

XRP-2,45%

FLR-1,72%

PANews February 3 News, according to CoinDesk, the blockchain network Flare has enabled lending functionality for its on-chain XRP-pegged asset FXRP through integration with the cross-chain lending protocol Morpho. This update aims to provide XRP holders with more decentralized finance options, allowing them to earn interest by depositing FXRP or use FXRP as collateral to borrow stablecoins and other assets. Currently, this feature is accessible via the standalone Mystic app, initially offering lending pools supported by FXRP, Flare’s native token FLR, and the stablecoin USDT0. Morpho’s market design isolates each lending asset pair to limit risk transmission.

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XRP Price Outlook: Can it Break $3 by the End of 2026? Analysts Provide Bullish and Bearish Predictions

XRP news Market Analysis Price Prediction

XRP is currently priced between $1.41 and $1.46, up about 4% in the past 24 hours but still below its all-time high. Analysts predict that if the market stabilizes, XRP could rebound to $3, while it might drop to $0.65 otherwise. Regulatory factors and the expansion of real-world applications will also influence its long-term trend. Investors should pay attention to market risks.

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