Flare has announced the release of Flare Smart Accounts version 1.3, an update that enables XRP holders to mint FXRP and deposit assets into yield-generating vaults using only a single signature from their existing XRPL wallet. The update changes the accessibility of decentralized finance for XRP holders, a process that previously required creating additional wallets, bridging assets across networks, and maintaining separate gas tokens before any returns could be generated. With the new version, users select a vault, provide one signature through their current XRPL wallet, and the platform handles the remaining steps automatically without requiring an EVM wallet, native gas tokens, or manual bridging.

The release comes as adoption of XRPFi products continues to expand, giving the update immediate relevance for users who already hold XRP and want a lower-friction way to interact with onchain yield products. Since February 2026, FXRP deployed across decentralized finance protocols has risen by approximately 75 percent, increasing from 82 million to 144 million FXRP. Current data shows that more than 40 million XRP is actively earning yield through Flare Smart Accounts, while the total number of Smart Accounts created has approached 24,000.

“Millions of XRP holders have wanted access to DeFi, but the experience has been too complex,” said Filip Koprivec, CPO at Flare network, in a written statement. “With Smart Accounts v1.3, users can go from XRP to yield with a single signature while remaining fully non-custodial,” he added.

From a technical perspective, the update reduces what previously required two separate XRPL signatures to a single transaction. The underlying XRP remains secured on the XRP Ledger through FXRP’s one-to-one collateral model, while Flare handles the minting of FXRP and its allocation into the user’s selected yield strategy. The Flare Data Connector verifies the XRPL transaction on the Flare network, which then allows a smart contract tied to the user’s XRPL address to execute the requested operations without additional manual input. That design matters because it keeps the user flow closer to the wallet experience XRP holders already know, while still routing activity through DeFi infrastructure on Flare.

Expanded Yield Strategies and Wallet Support

Version 1.3 also expands the yield strategies available through Flare Smart Accounts with the addition of the Clearstar Flare XRP Yield Vault. Users now have access to two actively managed FXRP vaults with different approaches. The Monarq XRP Yield Vault, managed by Monarq and majority-owned by FalconX, uses a combination of options strategies, basis trading, funding-rate capture, and on-chain DeFi allocations that change according to market conditions. The newly introduced Clearstar Flare XRP Yield Vault operates entirely on-chain, allocating FXRP across lending and liquidity protocols on Flare such as Avant and Euler. All positions in this strategy are publicly verifiable on-chain, and the vault has previously managed more than 33 million FXRP in deposits.

Alongside the product update, Flare is expanding wallet compatibility with support for Ledger, Xaman, Joey Wallet, and WalletConnect, including Bifrost. These additions complement the existing D’CENT integration and allow more XRP holders to interact with Flare’s yield infrastructure through familiar wallet interfaces. As part of this expansion, Joey Wallet, a self-custodial XRPL wallet with sub-three-second onboarding and social login capabilities through Web3Auth, has embedded Flare Smart Accounts directly as an in-wallet decentralized application. The integration allows users to mint FXRP and allocate funds into yield vaults without leaving the wallet environment, which lowers the number of steps needed before a deposit can be made.

“There’s a lot of overlap between the XRPL and Flare communities, so integrating Flare Smart Accounts just made sense,” said Christopher Troia, Co-Founder of Joey Wallet, in a written statement. “It brings a breath of fresh air for XRP holders, letting them start putting their XRP to work in a seamless way,” he added.

Users can access the updated Flare Smart Accounts through fsa.flare.network/vaults or via supported wallets including Joey Wallet, Xaman, and D’CENT.