XRP's Long-Inactive $180B Activated: 8 Billion Tokens Deployed into DeFi
- Axelar and Flare Networks activate 8B dormant XRP tokens via DeFi initiatives, targeting $180B market cap liquidity. - Midas and Axelar launch mXRP, offering up to 8% annual yield via DeFi strategies on XRPL EVM with cross-chain accessibility. - Flare's XRP-backed stablecoin (FXRP) launches Sept 19, expanding DeFi use cases through CDPs and FTSO oracle mechanisms. - Cross-chain integration via Axelar enhances XRP composability, but regulatory risks and market volatility remain key challenges.
The
Flare Networks is also advancing this trend with its stablecoin project backed by XRP, which uses Collateralized Debt Positions (CDPs) to convert XRP into FXRP and stXRP. Scheduled for release on September 19, the initiative seeks to broaden XRP’s role in DeFi by supporting stablecoin creation and yield opportunities through features like Stability Pools and the Flare Time Series Oracle (FTSO). These efforts are part of a larger movement to activate XRP’s $180 billion market capitalization, much of which has been underutilized due to a lack of inherent yield options.
Axelar’s function as a cross-chain connector is pivotal, allowing XRP to engage with DeFi protocols across multiple networks. By representing XRP on the XRPL EVM, Axelar streamlines integration with decentralized apps, boosting both flexibility and scalability. Midas CEO Dennis Dinkelmeyer highlighted that mXRP offers a “direct pathway” for XRP investors to participate in on-chain opportunities, suggesting that the appetite for yield-focused products could accelerate XRP’s adoption among both institutional and individual users.
These initiatives could have a notable impact on XRP’s supply and liquidity. By targeting the activation of over 8 billion tokens, they may decrease the share of dormant XRP, thereby enhancing its usability and tradability. Experts point out that mXRP’s approach—merging smart contract-based yields with cross-chain reach—sets a new standard within the XRP landscape. Furthermore, Flare’s stablecoin system introduces additional applications for XRP in secured lending and stablecoin production, expanding its financial utility.
Although these projects are still in their early phases, their potential to redefine XRP’s position in DeFi is evident. By tackling previous barriers to yield and interoperability, Axelar and Flare are cultivating a more vibrant XRP environment. Nevertheless, issues like regulatory requirements and market fluctuations highlight the importance of careful engagement. As the XRP community considers these new developments, their progress could mark a significant move toward tokenized finance, positioning XRP as a key asset in decentralized financial systems.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Aster DEX's Tactical Enhancement and What It Means for DeFi Liquidity Providers
- Aster DEX's 2025 upgrade introduces ASTER token collateral for leveraged trading, enhancing capital efficiency and reducing reliance on stablecoins. - The upgrade offers 5% fee discounts for ASTER collateral users, creating a flywheel effect that boosts token scarcity and protocol revenue. - By integrating risk management tools and multi-chain support, Aster differentiates itself from GMX and Uniswap V3 through active trading incentives and reduced impermanent loss risks. - CZ's $2M ASTER purchase trigge
Toncoin’s Updated Tokenomics: How Changes in Supply Could Attract Institutional Investors and Transform Cryptocurrency Valuations
- Toncoin's 2025 tokenomics reforms aim to align supply dynamics with institutional infrastructure, boosting real-world utility through staking and burn mechanisms. - Strategic treasury operations and protocol upgrades like Jetton 2.0 seek to stabilize supply while enhancing cross-border payment efficiency and DeFi integration. - Institutional partnerships with Tether , Bitget, and Crypto.com highlight TON's growing appeal as a scalable platform with predictable yield generation for large investors. - TON
Bitcoin Updates: ETF Outflows Push Bitcoin to Lowest Point in Seven Months Amid Market Turmoil
- Bitcoin fell below $83,400, its lowest in seven months, as U.S. spot ETFs saw $3.79B in November outflows, led by BlackRock’s $2.47B loss. - Record $903M single-day ETF redemptions accelerated crypto and equity market selloffs, with Nvidia and crypto stocks dropping sharply. - Ethereum ETFs lost $1.79B, while altcoin funds like Bitwise’s XRP gained $105M, reflecting shifting investor preferences amid liquidity concerns. - Analysts attribute the selloff to macroeconomic uncertainty and delayed Fed rate cu

Dogecoin News Today: Grayscale DOGE ETF Debut May Trigger a Wave of Institutional Interest This November
- Grayscale's DOGE ETF launches Nov 24, aiming to boost institutional adoption of the meme coin amid SEC approval. - BlockDAG's $436M+ presale outpaces ADA/BCH, leveraging hybrid PoW-DAG tech and 3.5M miners to attract 312K holders. - Ethereum faces $2,850 support pressure after FG Nexus sells 11,000 ETH, triggering $170M in 24-hour liquidations. - DOGE hovers near $0.15 support with mixed technical signals, while ETF optimism contrasts with ongoing distribution trends.
