D'CENT launches South Korea's first XRP cold wallet-based deposit service

Bloomingbit Newsroom

Summary

  • D'CENT announced that it launched the first XRP cold wallet-based deposit service in South Korea in cooperation with Doppler Finance.
  • The service provides high security, and D'CENT wallet users can deposit XRP within the app and receive up to 7.5% annual yield as a special benefit.
  • Doppler Finance, backed by global institutional custody and insurance, said this demonstrates the demand and growth for XRP-based digital asset management.
Photo=D'CENT
Photo=D'CENT

Digital asset hardware wallet D'CENT announced on the 18th that it has launched the world's first cold wallet-based deposit service that allows XRP to be deposited.

This service is provided through a strategic cooperation with XRPL-based decentralized finance (DeFi) platform Doppler Finance, and D'CENT wallet users can move directly to the Doppler Finance service within the app to deposit their XRP and receive stable interest benefits.

Partner Doppler Finance is a platform that has firmly established its position in the XRP ecosystem; its core product, XRP Pie, has grown rapidly since its launch and recorded total deposits (TVL) of $47.4 million as of July. Despite a structure that sets deposit limits per batch, each batch quickly fills up, proving high demand. This shows that XRP-based digital asset management has entered a new growth phase.

Doppler stores assets through global institutional custody firms such as Fireblocks, Ceffu, and BitGo, and has a custody environment that combines MPC-based wallet infrastructure with Lloyd's insurance, securing trust from both individual investors and institutional clients.

D'CENT users can deposit XRP into two vaults (Prime Boost, Standard) on the Doppler Finance service. Among them, the 'Prime Boost Vault', prepared as a launch celebration, operates under a 3-month lockup condition and offers a special yield structure.

For the first five weeks after closing, the base annual 2.5% yield and a special 5% benefit provided by D'CENT as an opening celebration are added, applying a total of 7.5%. Afterwards, the standard yield is applied.

A D'CENT representative explained, "The process of depositing XRP through D'CENT operates based on a hardware wallet, providing a higher level of security. In particular, the additional 5% annual interest provided in the Prime Boost Vault is an opening benefit prepared by D'CENT and is a limited opportunity given only to early participants."

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