Flare, Xaman, Ripple Partnership Simplifies Access to XRP-based Yield Generation

A significant development has taken place in the world of decentralized finance (DeFi) as Flare, Xaman, and Ripple have come together to integrate DeFi vaults into Xaman wallets.

This integration is expected to simplify access to yield-generating opportunities for users, eliminating the need for multiple wallets and bridging assets. The new system aims to tap into the vast amount of XRP held in Xaman wallets, with over 2 billion XRP targeted, which accounts for approximately 3.5% of XRP's circulating supply.

The integration operates on a three-layer infrastructure, consisting of FAssets, Flare Smart Accounts, and Xaman. This stack enables users to access DeFi vaults directly from their Xaman wallets without leaving the interface or using external blockchain infrastructure.