AI · Crypto Briefing
Flare bundles D’CENT hardware wallets with XRP yield vaults, publishes XRP Alliance
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The partnership lets XRP holders earn yield from a hardware wallet without touching a new chain, wallet app, or gas token.
Key facts
- Over 5,400 users participated in the earnXRP vault, and roughly 98% of them were first-time DeFi users
- The layer-1 network has integrated its yield infrastructure with D’CENT, a biometric hardware wallet maker, letting users tap into Flare’s XRP yield vaults directly
- At roughly 3.4% APY, the returns represent something genuinely new for XRP: passive, self-custodial yield on an asset that has historically sat in wallets doing nothing
- Initial fees on the earnXRP vault were waived for the first 30 days
Summary
Flare made it meaningfully easier for XRP holders to earn yield without leaving the comfort of a hardware wallet. The integration arrives alongside the launch of something called the XRP Alliance, a coalition of XRPL-adjacent projects designed to give hardware wallet users a one-stop shop for managing, swapping, and earning on XRP and stablecoins. Over 5,400 users participated in the earnXRP vault, and roughly 98% of them were first-time DeFi users. The D’CENT wallet, which uses biometric authentication for security, now connects directly to Flare’s yield products.