Doppler and Flare expand XRP access to FXRP vaults

Doppler and Flare Network have announced a new integration designed to expand access for XRP holders to FXRP-based yield products. Through Doppler’s platform, users can connect their XRP to structured yield components and external investment strategies via the Flare-based FAssets system.

FXRP represents XRP on the Flare Network, allowing holders to deposit tokens and receive FXRP for use in decentralized finance (DeFi) applications, such as lending markets and vaults. As of late September, approximately 145.2 million FXRP had been issued, with roughly 130 million entering DeFi applications.

Doppler, which reported over $150 million in deposits across its XRP and RLUSD products, aims to position itself as a financial operating layer for tokenized assets. The company also indicated plans to support additional networks, including Base and Coinbase Wrapped XRP, as it expands its financial product offerings.