[Flare Launches First XRP Spot Market on Hyperliquid, Opens FXRP/USDC Trading Pair] BlockBeats News, January 8: Flare announced the launch of the first XRP spot market on Hyperliquid, enabling spot trading of XRP on Hyperliquid's on-chain order book by introducing FXRP and opening the FXRP/USDC trading pair. FXRP is issued based on Flare's FAssets system and LayerZero's cross-chain standard and can be bridged back to the XRP Ledger after trading on Hyperliquid. Flare stated that this move expands the use cases of XRP in DeFi scenarios while maintaining decentralized custody and XRPL as the final settlement layer, providing XRP holders with deeper on-chain spot liquidity. (CoinDesk)