FXRP, the native wrapper of XRP from @FlareNetworks , is now available on Monad and looking for stablecoin lenders The setup: FXRP holders want yield. They are using FXRP as collateral to borrow stables, in order to deploy the borrowed stables across DeFi protocols. The risk-isolated Euler markets on Monad are an ideal fit for this. Why this works for lenders: FXRP offers a different risk profile compared to most other collateral assets used across @monad lending markets. Meaning that allocations to the FXRP market can act as a potential diversifier for stablecoin lenders, all while earning yields competitive to those already available elsewhere, thanks to the strong borrow demand from FXRP users. FXRP has very deep liquidity on Flare and can be bridged between Flare and Monad very efficiently. AUSD and USDC holders can now tap into this lending opportunity on @eulerfinance . Additional MON incentives are live on both Euler Earn vaults, providing additional yield on top of the organic rates paid by borrowers. Current environment = less competition for yield, active incentives, proven borrow demand