The decentralized finance network Flare has integrated with the hardware wallet provider D’CENT Wallet, providing XRP holders direct access to institutional-grade yield vaults. This move, part of the newly formed XRP Alliance, allows users to deposit into vaults like Monarq XRP Yield Vault (MXRPY) and earnXRP directly from their hardware wallets without needing a new chain or gas token. The process utilizes Flare Smart Accounts to facilitate a secure, non-custodial flow using two signatures on the XRP Ledger.
The decentralized finance applications network Flare has integrated with crypto wallet provider D’CENT Wallet. This provides XRP holders with direct access to institutional-grade yield vaults as part of a new coalition called the XRP Alliance.
The alliance involves other platforms including Doppler, Banxa, and Squid to facilitate XRP Finance development. The integration does not require a new chain, wallet, or gas token for access.
XRP holders can access vaults directly from their hardware wallets using two signatures on the XRP Ledger. This flow is enabled by Flare Smart Accounts according to a press release.
The available vaults are the Monarq XRP Yield Vault (MXRPY) and earnXRP curated by on-chain strategy curator Clearstar. Monarq launched MXRPY last week in partnership with Flare and vault infrastructure provider Upshift.
D’CENT Wallet serves over 720,000 users across several countries and stores billions of XRP. This makes it one of the first wallets to offer a native path from XRP custody to DeFi yield.
Flare serves as the programmable layer for XRP within the alliance. Flare Smart Accounts turn XRPL signatures into minted FXRP deposited into vaults in a single flow.
The process requires two XRPL signatures from the D’CENT device. The first reserves collateral and the second sends XRP to trigger the minting of FXRP and an automatic vault deposit.
This entire process is fully non-custodial and requires no intermediary taking custody. Flare co-founder Hugo Philion commented on the integration’s significance for security-focused users.
“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. This integration changes that. D’CENT users can now earn on their XRP without moving it off the device they already trust. That’s what production-grade XRPFi looks like,” Philion stated.
