Flare Launches USD₮0 Omnichain Bridge to Bolster XRP DeFi Ecosystem

Flare, the blockchain network renowned for its interoperability, has officially launched USD₮0 – the omnichain deployment of USDT powered by LayerZero’s OFT technology. By connecting the widely adopted USDT directly to XRP, Flare is providing a unified liquidity solution that bypasses traditional wrapped tokens and third-party bridges. This move enables frictionless, zero-cost stablecoin transactions across major blockchains including Ethereum, Arbitrum, Optimism, Sei, and Flare. Furthermore, Flare introduces the USD₮0 Boost program, allowing users to earn up to 30% APY in rFLR tokens through institutional-grade liquidity opportunities. Users can migrate their existing bridged USDT to USD₮0 via a dedicated tool on the Flare Portal, thereby instantly accessing gasless transfers and high-yield platforms such as SparkDEX and Kinetic. The initiative not only enhances DeFi liquidity on Flare but also underpins the emerging XRP DeFi ecosystem that includes FXRP and upcoming liquid-staked XRP assets.