The XRP Alliance officially launched on May 19, marking a significant integration between D’CENT Wallet and Flare Network. This partnership gives D’CENT’s 720,000 hardware wallet users direct access to XRP yield vaults through Flare Smart Accounts. Users can deposit XRP from their hardware devices using two signatures on the XRP Ledger, with no need for a new chain, separate wallet, or additional gas tokens.
Two vaults were introduced at launch. The Monarq XRP Yield Vault, managed by Monarq Asset Management on Upshift infrastructure, targets an annual return of 3% to 4% by employing options trading, basis and funding-rate arbitrage, and on-chain XRPFi strategies. The earnXRP vault, curated by Clearstar, offers the first fully on-chain yield product denominated in XRP, with returns automatically compounded. D’CENT emphasized that this collaboration provides the best and easiest way to deposit and manage XRP in the Monarq Yield Vault while maintaining top-tier hardware security.
The alliance includes Doppler, Banxa, and Squid, aiming to enhance distribution and interoperability within the XRP ecosystem. Flare has been building vault infrastructure, including modular lending for XRP via Morpho and Mystic, which this integration now extends to hardware wallet holders for the first time. Historically, XRP holders have faced limited options for using their assets in programmable finance, but this development changes that landscape. XRP ETF products have seen growing institutional demand, with $81.63 million in net inflows in April 2026, the highest monthly figure of the year. The D’CENT integration brings institutional-grade yield infrastructure to retail and semi-institutional users who store billions of XRP in hardware wallets.
A 0% platform fee campaign is running from May 19 to June 8, allowing users to pay only Flare’s standard base fees. Many other platforms charge additional platform fees, making this offer attractive. The Monarq vault has an initial deposit cap of 500,000 FXRP, and both vaults are also accessible to non-D’CENT users through Upshift. Users can monitor live market conditions on crypto.news’ XRP price page, as vault returns depend on XRP price movements and strategy performance.