Flare and D’CENT Wallet collaborate to launch hardware-secured XRP Yield access

Flare Network and D’CENT Wallet partnered on Tuesday to launch a hardware-secured XRP Yield access. The initiative is also part of the firm’s new XRP Alliance Integration. 

Flare Network stated that the initiative will allow holders to deposit into institutional-grade vaults directly from their hardware wallet in two signatures. The firm also confirmed that the process will not require a new chain, wallet, or gas token to go through.

XRP holders get direct access to curated yield vaults on Flare

The announcement also revealed that the partnership aims to give XRP holders direct access to curated yield vaults on Flare from their hardware wallet. D’CENT users can also utilize Flare Small Accounts to deposit XRP into institutional-grade vaults in two signatures on XRPL. 

D’CENT users will not need a new wallet, a new chain, or a gas token to manage the transactions. The firm confirmed that it serves more than 300,000 hardware wallet users and 720,000 app users across the United States, South Korea, the United Kingdom, Canada, and Japan. D’CENT also revealed that it has billions of XRP held across its user base.

“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.”

-Hugo Philion, Co-Founder of Flare.

Philion added that the integration will allow D’CENT users to earn on their XRP without moving it off the device they already trust. He believes that the new partnership is what production-grade XRPFi looks like.

D’CENT acknowledged that the integration with Flare Network makes it one of the first hardware wallets to offer a native path from XRP custody to DeFi yield without requiring users to interact with a separate Blockchain. 

Flare and D’CENT‘s collaboration joins their XRP Alliance

The new partnership coincides with the XRP Alliance, a coalition convened by D’CENT with Flare. Doppler, Banxa, and Squid are also set to join the coalition after today’s launch.

Flare Network revealed that its role within the Alliance is meant to serve as the programmable layer for XRP. The firm added that FAssets will provide trust-minimized on-chain representation of XRP. Flare Smart Accounts will also turn XRPL signatures into minted FXRP deposited into vaults in a single flow.

The announcement stated that Flare Smart Accounts will enable the Flow Flare Smart Accounts to treat XRPL as the control layer, with each XRPL transaction carrying instructions in its memo field. The Flare Data Connector will also relay proof of the same transaction to the Smart Account System, which will execute the transaction from a smart contract proxy assigned to the user’s XRPL address. 

Each EVM account will have an XRPL address controlled entirely by signatures that the users already know how to make. The deposit flow also requires two XRPL signatures from the D’CENT device. 

The first signature reserves collateral on Flare and identifies as the target vault. The second signature sends XRP to the Core Vault on XRPL, which will trigger FXRP to mint on Flare and deposit into the chosen vault automatically. The announcement also revealed that withdrawals will follow the same pattern, and the process will be fully non-custodial. 

Flare revealed that the Monarq vault, operated by a FalconX-majority-owned asset manager, will offer a multi-strategy mandate combining on-chain and off-chain sources of returns. The earnXRP vault, curated by Cleanstar, will also provide an additional yield option. Both vaults will be accessible directly from D’CENT, while non-D’CENT users can access them via Upshift.