FXRP Turns One as Flare Expands XRP Into DeFi and Cross-Chain Markets

Flare is marking the first anniversary of FXRP, its programmable representation of XRP that launched on mainnet on Sept. 24, 2025. More than 155 million FXRP had been minted by mid-2026, with roughly 144 million deployed across DeFi strategies and nearly 24,000 Smart Accounts created.

• The initial 5 million FXRP minting cap filled in about four hours
• More than 155 million FXRP minted by mid-2026
• About 144 million FXRP is deployed in active DeFi strategies
• Nearly 24,000 Smart Accounts created; over 40 million XRP earning yield