The team behind Flare Network has announced a major integration that will allow XRP holders to mine FXRP directly from their Xaman wallet.
Specifically, today Flare has integrated the XRPL-based self-management wallet into the Flare ecosystem. This is part of a broader effort to expand XRP’s usefulness into decentralized finance (DeFi).
Following the integration, users can now deposit XRP directly through Xaman and use FXRP, the packaged version of XRP on the Flare blockchain, seamlessly within the wallet’s interface.
He hinted that the team is currently working behind the scenes to enable full cross-chain capabilities for XRP holders, allowing them to interact freely with other blockchains via Flare.
Co-founder Hugo Philion also expressed his enthusiasm about the integration. He noted that the long-term goal is to eliminate complexity and make it easier for XRP holders to interact with the Flare network.
He explained that the vision is to enable XRP holders to transact on Flare directly from the XRP Ledger, without having to do so through an EVM wallet. The integration of Flare with Xaman represents a critical step toward achieving this goal.
Over $68 million in XRP deposited into Flare
Notably, the move comes nearly a month after Flare launched the FAsset project, giving XRP holders access to yield-bearing opportunities. At the time, the Flare team set a weekly limit of just 5 million FXRP.
However, there was strong interest in the product, with XRP holders able to tap into the available FXRP offering within hours. Amid growing demand, the team today increased the coin limit to 15 million FXRP. Of this amount, users have already minted more than 8 million FXRP within three hours of the announcement.
3 hours, another 8.5 million FXRP minted.
That brings us to $66 million in XRP, now DeFi-ready on @FlareNetworks. pic.twitter.com/BJvZWEIu8q
— Flare ☀️ (@FlareNetworks) October 16, 2025
In total, users deposited 27.83 million XRP, worth $68.21 million, into Flare, which was used to generate FXRP. The Flare-based XRP version has a circulating supply of 28.5 million tokens.
Users who missed minting can get the FAsset on Flare’s decentralized exchanges, including SparkDEX and Enosys.