<ul><li>Nearly 500K FXRP were minted on Songbird within 24 hours with no minting or redeeming incentives, showcasing a strong adoption of the FAssets v1.1 launch on the network.</li><li>Flare Network's Core Vault feature simplifies the process of unlocking FLR collateral on the Songbird network by allowing users to deposit XRP into a special address on the XRP Ledger.</li><li>The integration of USDT0 stablecoin via Stargate Finance has facilitated seamless cross-chain asset transfers, leading to a significant increase in Flare's Total Value Locked (TVL) and collaborations with platforms like Kraken.</li><li>Flare's focus on security with Core Vault's escrow system and bug bounty program, as well as its expansion beyond finance with initiatives like the Verifiable AI Hackathon, demonstrates its commitment to innovation and broader technology integration.</li></ul>

Flare’s New FXRP System on Songbird Is Breaking New Ground

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