Flare Unlocks DeFi for XRP Holders With Simplified, Seedless Access

Flare Brings DeFi Access to XRP Holders With Seedless Wallet and FXRP Integration

XRP holders will soon be able to access decentralized finance (DeFi) services directly on the Flare Network, thanks to upcoming support for FXRP via Flare’s FAssets protocol.

This new capability will allow users to wrap XRP into FXRP and deploy it across native staking and liquidity products within the Flare ecosystem — a move that could significantly enhance the token’s utility.

At the center of this push is Luminite, a newly launched, non-custodial wallet that eliminates seed phrases in favor of passkeys, biometrics, or email logins. Designed to lower the barriers to DeFi participation, Luminite leverages embedded wallet infrastructure from Turnkey to provide a user-friendly experience for both crypto newcomers and experienced holders.

“By removing complex barriers of entry, we’re enabling anyone — from first-time users to seasoned crypto holders — to access the full power of the Flare ecosystem,” the Luminite team said. “This is about making DeFi approachable for the next wave of users discovering blockchain through real utility.”

The wallet includes integrated fiat on-ramps such as Topper, allowing users to purchase FLR and XRP directly, and then engage with DeFi protocols on Flare. Features include staking, swaps, FXRP minting, and cross-chain bridging via Stargate.

The ability to wrap XRP into FXRP is expected to go live in the coming months. Once enabled, it will offer XRP holders a compelling reason to remain within the Flare ecosystem instead of bridging assets to other blockchains like Ethereum or Solana.

However, long-term adoption will depend on several factors — including TVL growth, developer traction, and whether Flare can offer the kind of DeFi experience users have come to expect from more mature ecosystems.