Flare and MoreMarkets Partner to Unlock OnChain Yield for XRP Holders

Flare has announced a new partnership with MoreMarkets to launch the XRP Earn Account, a fully onchain yield solution designed to make XRP more programmable and productive. The integration combines Flare’s interoperability infrastructure with MoreMarkets’ yield strategies, offering XRP holders a seamless way to generate rewards without the usual complexity of DeFi.

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Making XRP Work Harder

Through the XRP Earn Account, users can initiate a bridge directly from their XRPL wallet into Flare’s FAssets system, where XRP is minted as FXRP. From there, MoreMarkets automatically deploys the asset into strategies such as lending or liquid staking with Firelight, Flare’s liquid staking protocol. Rewards are then converted back into XRP and distributed to the user’s wallet.
“Our mission is to make idle assets work for their holders without the headaches of DeFi. The XRP Earn Account is already delivering yield to hundreds of early adopters, and adding Flare gives them another high-quality path to earn. We’re building the most liquid XRP onchain ecosystem on Flare.”

Altan Tutar, Co-founder & CEO of MoreMarkets
Why It’s Different

Unlike centralized yield offerings, the Flare–MoreMarkets solution is:

Non-Custodial: Users retain full control of their XRP, with FXRP minted 1:1 on Flare and secured by collateral.
Secure & Transparent: Flare’s onchain oracles verify the bridging process, removing custodial risk.
Liquid Staking with Firelight: In the first phase, users can deploy FXRP into the Firelight Protocol to receive a liquid staking token (LST) and earn Firelight Points. The LST can then be used across Flare’s DeFi ecosystem. At feature-complete launch, users will also be able to deploy tokens into multiple vaults that secure Economically Secured Services (ESS). ESS provides economic guarantees for high-impact DeFi use cases, creating a marketplace for on-demand security and new yield opportunities.

Designed for Institutions

Beyond retail users, the architecture also positions Flare and MoreMarkets to attract institutional investors. Flare already works with custodians like BitGo, Fireblocks, and Hex Trust, and its regulatory-first design makes the XRP Earn Account suitable for funds and enterprises seeking compliant, transparent yield opportunities.
“This partnership is a powerful validation of Flare’s mission: to bring smart contract functionality and real-world data to the entire crypto ecosystem. MoreMarkets is building a promising solution for XRP holders, and Flare provides the permissionless utility layer that powers the next phase of their growth.”

Hugo Philion, Co-founder & CEO of Flare
The Future of XRPFi

The collaboration strengthens the emerging XRPFi movement on Flare, positioning the network as the primary hub for XRP-based DeFi. The rollout will begin with FXRP support, followed by integration with Flare’s broader lending markets and ecosystem partners.

By simplifying the user experience while maintaining on-chain security, Flare and MoreMarkets aim to redefine XRP yield—transforming it from a passive asset into an active part of DeFi’s next chapter.

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