Flare Network Launches XRPFi Second Phase with Direct Minting Capability

Flare Network has launched the second phase of its XRPFi initiative, which enables direct minting of XRP on the platform. This development allows users to send XRP directly from the XRPL to Flare without the need for bridges or complicated interfaces.

The upgrade aims to increase accessibility and liquidity in the DeFi ecosystem by reducing friction for regular XRP holders. It also opens the door for bigger exchange integrations and institutional flows in the near future.