XRP Alliance links D’CENT wallets to Flare yield vaults

On Tuesday, Flare and D'CENT launched the XRP Alliance and an integration that allows D'CENT hardware-wallet users to deposit XRP directly into two institutional yield vaults, Monarq and earnXRP, by signing two transactions on the XRP Ledger that mint FXRP on Flare.

The deposit flow requires two XRPL signatures from the D'CENT device. The first signature reserves collateral on Flare and names the target vault. The second transfers XRP to a Core Vault on the XRP Ledger, which triggers FXRP to be minted on Flare and automatically deposited into the chosen vault. Withdrawals follow the same pair of signatures. A smart-contract proxy assigned to each XRPL address handles execution. Flare said the process requires no separate chain, wallet or gas token.

Monarq is operated by an asset manager majority-owned by FalconX and combines on-chain and off-chain return strategies. The earnXRP vault is curated by Clearstar and offers an alternative yield option. Both vaults are accessible through the D'CENT interface. Flare's Upshift pathway will be available to users who do not use D'CENT hardware.

Flare named D'CENT a founding partner of the XRP Alliance and listed additional members including Doppler, Banxa and Squid. The coalition will promote FAssets, trust-minimized on-chain representations of XRP, and Flare Smart Accounts, account-level programmable logic designed to automate actions such as yield strategies.

Hugo Philion, Flare's co-founder, wrote: “D'CENT is one of the most widely used hardware wallets in Asia, particularly in Korea. For XRP holders using it, security has always come first — and yield has meant going elsewhere. D'CENT users can now earn on their XRP without moving it off the device they already trust.”

XRP traded near $1.38 in recent sessions and was about 62% below its January 2018 peak of roughly $3.65. The integration allows holders using D'CENT hardware to access institutional-style yield products while linking XRP liquidity into Flare's programmable environment.