XRP Holders to Earn Yield with Flare-D’CENT Partnership

Flare and D’CENT Wallet Integrate to Expand XRPFi Access

Flare, a decentralized finance (DeFi) applications network, has taken another step toward making XRP Finance (XRPFi) accessible to XRP holders. The blockchain announced an integration with D’CENT Wallet, a crypto wallet provider, offering direct access to institutional-grade yield vaults.

According to a press release, the integration between Flare and D’CENT Wallet is part of a new coalition called the XRP Alliance. The Alliance includes other crypto platforms such as Doppler, Banxa, and Squid, and aims to facilitate the development of XRPFi.

The integration into D’CENT Wallet does not require a new chain, wallet, or gas token. XRP holders can access the vaults directly from their hardware wallets using two signatures on the XRP Ledger (XRPL). This process is enabled by Flare Smart Accounts.

The vaults in question 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. The vault offers both on-chain and off-chain yield sources. Users can access both vaults directly from D’CENT.

As a hardware wallet provider, D’CENT serves at least 720,000 users across the U.S., UK, Canada, Japan, and South Korea, accounting for billions of XRP in storage. This development makes the wallet one of the first to offer a native path from XRP custody to DeFi yield.

As the programmable layer for XRP within the Alliance, Flare Smart Accounts convert XRPL signatures into minted FXRP, which is then deposited into vaults in a single flow. FXRP is the Flare representation of XRP. When depositing from D’CENT Wallet, each XRPL transaction includes encoded instructions in its memo field, and the Flare Data Connector relays a proof of that transaction to the Smart Account system.

The process requires two XRPL signatures from the D’CENT device. The first reserves collateral on Flare and identifies the desired vault, while the second sends XRP to the Core Vault on XRPL. The second signature also triggers the minting of FXRP and its automatic deposit into the chosen vault. This process is fully non-custodial and requires no intermediary taking custody.

“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,” said Hugo Philion, co-founder of Flare.