Update
Kraken USDC Vault Pays Firelight's XRP Staking Pool
A USDC vault distributed by Kraken now pays coverage premiums into Firelight's XRP-linked staking pool. The pool backs all covered vaults; eligible claims can reduce stakers' collateral if the first-loss buffer runs out. The integration gives Firelight access to a new distribution channel as demand for ways to reduce decentralized finance risk becomes a potential business for holders of cryptocurrency capital.