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Flare Networks, a new decentralized network backed by Ripple, which has full smart contract utility, is bringing smart contracts functionality to the Stellar ecosystem.

This new development was announced on 25th February 2021, via the official Twitter handle of Flare Networks.

According to the report, Flare will integrate Stellar Lumens (XLM) as an F-Asset, bringing more components of decentralization to Stellar to build a united ecosystem without the influence of maximalists.

Flare Networks tweeted, “Flare will be integrating XLM as an F-Asset, bringing XLM to scalable smart contracts and a trustless gateway to Stellar. Decentralisation is far too important for maximalism. Ecosystems must be united.”

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