XRP News: Enosys Loans Shatters Barriers, Unleashes XRP Into DeFi For The First Time

XRP finally breaks into decentralized finance—Enosys Loans just flipped the script on legacy lending systems.

The Integration That Changes Everything

No more watching from the sidelines. XRP holders can now leverage their assets in a fully decentralized lending environment. This isn't just another protocol—it's a gateway to yield generation that actually understands cross-border liquidity needs.

Why This Matters More Than Traditional Finance's 'Innovations'

While banks are still debating whether to adopt blockchain, Enosys bypasses the entire bureaucratic nightmare. Their platform cuts settlement times from days to seconds and eliminates those pesky intermediary fees that make traditional finance so... profitable for banks.

Because nothing says progress like watching decentralized protocols outperform institutions that spend millions on 'blockchain research' while achieving nothing.

Enosys has announced the upcoming launch of Enosys Loans, a friendly fork of Liquity V2 deployed on the Flare Network. This marks a historic milestone, XRP (via FXRP) can now be used as collateral to mint a stablecoin.

A second audit is already underway, highlighting the team’s commitment to safety and reliability before the platform goes live.

Why Enosys Loans Unlocks DeFi for XRP and Bitcoin

Until now, XRP’s lack of native smart contract functionality has kept it outside the broader DeFi world. With Enosys Loans, XRP holders can lock their assets in a Collateralized Debt Position (CDP) and mint a stablecoin while keeping exposure to XRP.

At launch, the protocol will support FXRP and wrapped FLR (wFLR) as collateral. The roadmap is even more ambitious, with plans to add staked XRP (stXRP) and FBTC (Bitcoin bridged to Flare).

“This isn’t just about XRP—it’s about Bitcoin and other major assets finding a new role in DeFi.”

Built on Liquity V2, Optimized for Flare Network

Enosys Loans leverages the proven Liquity V2 framework, trusted for its low fees and user-controlled rates on Ethereum. By deploying on Flare, it combines Liquity’s reliability with Flare’s scalable, secure, and interoperable infrastructure.

This fusion enables a DeFi platform designed specifically for non-smart contract assets like XRP and Bitcoin.

Flare Oracle Power: Accurate and Decentralized Collateral Pricing

A standout feature is Enosys Loans’ use of the Flare Time Series Oracle (FTSO) to ensure accurate collateral pricing.

Unlike centralized oracles, FTSO aggregates price data from many independent providers, making it tamper-resistant and highly precise. This guarantees stable collateral-to-debt ratios and protects users from volatility.

“With FTSO V2 scaling to thousands of data feeds, collateral pricing will remain secure and future-ready.”

• Also Read :
•   Why Is XRP Price Dropping Despite Spot ETF Record on Day One?
•   ,

Rewards, Delegation, and Future Expansion in DeFi

Users providing wFLR as collateral will still enjoy staking benefits. Their tokens will be automatically delegated, earning both delegation rewards and FlareDrops.

The long-term vision is clear: a multi-asset CDP platform bridging XRP, Bitcoin, and other high-value tokens into decentralized finance. This could reshape how trillions in non-smart contract assets interact with DeFi through lending, borrowing, and yield opportunities.

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.