XRP Gains New DeFi Tools | Business and Finance News

XRP just got a major upgrade in DeFi—holders can now trade options and perpetuals on Derive using tokenized FXRP, unlocking new ways to hedge, earn, or speculate. FXRP, minted via a Flare bridge, settles in USDC, not XRP, and is also usable as collateral on Morpho for borrowing RLUSD. This moves XRP into the realm of sophisticated financial tools, rivaling major assets. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f50a38c5f150be0c