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Flare's FXRP/RLUSD Lending Market Reaches $1 Million in Borrowing Shortly After Launch, Supply Cap Adjusted for Growth
FG
FOMOGRAM Editorial Desk
Aug 7, 2026
EXECUTIVE SUMMARY
Flare's FXRP/RLUSD lending market achieved $1 million in borrowing shortly after launch, prompting an increase in supply cap. This reflects immediate demand for XRP as collateral in DeFi.
Flare's FXRP/RLUSD lending market achieved $1 million in borrowing shortly after launch, prompting an increase in supply cap. This reflects immediate demand for XRP as collateral in DeFi.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
Rapid uptake of FXRP/RLUSD lending market indicates strong demand for XRP-backed liquidity, enhancing its DeFi utility.
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