Ripple is still working on its latest projects, blockchain Flare Networks announced it wants to integrate Stellar Lumens (XLM) into its smart contract platform.
The Ripple-backed blockchain announced the plan, making XLM an F-Asset on its network via Twitter on February 26.
Touching on XLM, this product is not actually compatible with Ethereum virtual machine (EVM), but is connected by F-Asset protocol. Through integration between XLM and the Ethereum platform, users can access XLM-supported tokens on any DeFi network.
The objective of Flare Networks is to connect DeFi and smart contracts with many blockchain networks, making any crypto token usable in smart contracts.
The firm started the plan with XRP before continuing its integration with Litecoin (LTC), Dogecoin (DOGE) and the next, XLM.
Flare co-founder Hugo Philion said in an interview with Real Vision in January that there was potential for the firm to bring smart contracts to Bitcoin.
Flare also plans to distribute 45,827,728,412 tokens known as Spark (FLR) in the first term of 2021.
As a current development, they have switched from Spark token airdrop to eligible XRP owner. In fact, the same will be done for LTC holders ahead of the firm’s second quarter launch in 2021.
However, there is still no final word on the same airdrop against the owners of DOGE and XLM.
