This is not hype, this is the construction of future infrastructure.

$XRP

☀️💥☀️ THE FIRST DECENTRALIZED STABLECOIN ON FXRP - LAUNCHED❗❗❗

💠 Enosys Loans has released a stablecoin backed by FXRP.
This is a new stage for the Flare ecosystem: liquidity can now be obtained without selling XRP.

🔹 Key facts:

• The stablecoin is backed by FXRP and WFLR
• XRP holders can access liquidity without selling the asset
• Uses Flare FTSO + Liquity V2 - a model that has passed market stress tests
• Starting limits:
- $4M for CDP backed by FXRP
- $1M for CDP backed by WFLR

🔹 Why this is important:

• For the first time, a real decentralized stablecoin for the XRP ecosystem is emerging
• Flare strengthens multi-chain positions through FAssets and FTSO
• Decentralized stablecoins are a key element of the future financial architecture ISO 20022

Source: Enosys / Flare Network