Why did Flare (CRYPTO:FLR) launch Smart Accounts v1.3?

Flare (CRYPTO:FLR) said the upgrade simplifies XRPFi transactions. Users can complete multiple blockchain actions with a single wallet signature.

XRPFi refers to decentralised finance applications built around XRP (CRYPTO:XRP). These services include lending, staking and other blockchain-based financial products.

How do Smart Accounts v1.3 work?

Smart Accounts v1.3 combine several blockchain actions into one approval. Flare (CRYPTO:FLR) said this reduces the number of signatures users must provide.

What new features are included in the upgrade?

Flare (CRYPTO:FLR) said the upgrade adds gas sponsorship, permission controls and transaction batching. These features are intended to simplify blockchain transactions.

How does the upgrade benefit XRP (CRYPTO:XRP) holders?

Flare (CRYPTO:FLR) said the upgrade makes XRPFi applications easier to use. The company expects fewer transaction steps will improve the user experience.

Image for illustrative purposes only. Not a real photo.

Flare launches Smart Accounts v1.3 upgrade

Written by Heidi Cuthbert Published Jul 29, 2026, 1:00 AM

Flare (CRYPTO:FLR) has launched Smart Accounts v1.3 to simplify XRPFi transactions.
The upgrade lets users complete multiple blockchain actions with a single signature.
Flare said the release is designed to make decentralised finance easier for XRP holders.

Flare (CRYPTO:FLR) has launched Smart Accounts v1.3, allowing users to complete multiple XRPFi transactions with a single wallet signature.

The upgrade combines several blockchain actions into one approval, reducing the number of signatures users need to complete a transaction.

Flare said Smart Accounts v1.3 is designed to make decentralised finance easier to use for XRP (CRYPTO:XRP) holders.

The upgrade also supports gas fee sponsorship, permission controls and transaction batching, according to Flare.

Flare said the release expands access to XRPFi tools, and following the announcement FLR was up about 3% at US$0.023.

Flare is building blockchain tools that allow smart contracts to work with assets such as XRP that do not support them natively.

The company said Smart Accounts are part of its broader strategy to simplify blockchain applications while improving the user experience.

At the time of reporting, Flare price was $0.00629.