Flare Simplifies DeFi for XRP Holders With Smart Accounts Upgrade
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Flare launched Smart Accounts v1.3 to let XRP holders access DeFi using their existing wallet, removing the need for separate wallets, manual bridging, or gas token management. The update replaces two approvals with a single wallet signature, reducing onboarding friction and improving crypto and DeFi adoption for the Flare network.
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Flare has introduced Smart Accounts version 1.3 to simplify how XRP holders access decentralized finance (DeFi) without changing their existing wallet. The update also removes the need to create separate wallets, manually bridge assets, or manage gas tokens before using DeFi services.
According to a press release sent to CryptoPotato, users now need only a single wallet signature to access DeFi. Previously, the process required two separate approvals.
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