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TimesTabloid 2025-07-08 11:48:33

Flare Co-Founder: Bridges for XRP Aren’t New

For years, efforts to connect XRP to decentralized finance have run into the same challenge of utility. While bridge solutions have existed, they have often failed to create sustainable or widely adopted ecosystems. Now, Flare Network believes it has addressed that gap by building more than just a bridge. Flare is building a suite of DeFi infrastructure designed specifically with XRP in mind. The Problem with Traditional XRP Bridges Hugo Philion, co-founder of Flare, recently emphasized that bridging XRP is not a new idea. “Wanchain built a fairly good one a while back,” he said. The issue, however, has never been about moving XRP to another chain, but about what happens afterward. Historically, users who bridged XRP found limited opportunities to use their tokens productively. Without meaningful ways to generate yield, lend, or participate in decentralized markets, adoption remained shallow. Bridges for XRP aren’t new – Wanchain built a fairly good one a while back. The reality is that once you move your XRP to another chain there needs to be sensible ways to put it to work and this is where things have stalled historically. At Flare we have been investing much of… — Hugo Philion (@HugoPhilion) July 7, 2025 Building a Complete XRPFi Ecosystem Flare is positioning itself to change that. According to Philion, the team has been focused on developing an integrated ecosystem to support a new wave of XRP-centric finance referred to as XRPFi. The platform’s efforts span across several components necessary for a functioning DeFi environment. One of the key features is Firelight, a staking system that supports both active validator sets (AVSs) and institutional financial products. Speaking on Firelight, Philion recently revealed that this innovative system could potentially put billions or tens of billions of XRP to work . With staking comes the need for yield trading , and Flare is addressing this with purpose-built yield markets. Philion made it clear that this is a coordinated effort to ensure all parts of the ecosystem work in tandem. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 DEXs, Lending Protocols, and Stablecoin Liquidity A decentralized finance system also requires robust exchanges. Flare has facilitated the development of multiple decentralized exchanges, including Sparkdex, Enosys, and Blazeswap, all designed to support XRP liquidity and trading. Beyond trading, lending remains another critical function, and Flare is integrating protocols like Kinetic and Neolending. Flare’s strategy goes further, incorporating stablecoin liquidity as a foundational element. The availability of stable pairs is essential for predictable value exchanges and deeper market engagement. With these elements in place, Flare is making a clear move toward institutional-grade DeFi infrastructure, making it a game-changer for the XRP ecosystem . A Deliberate Shift Toward Utility While the crypto space has no shortage of ambitious projects, Flare stands out because of the deliberate nature of its development. Rather than simply building a mechanism to move XRP across chains, Flare has invested heavily in creating actual utility after the transfer. That’s where previous efforts have stalled, and where Flare believes it has the advantage. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Flare Co-Founder: Bridges for XRP Aren’t New appeared first on Times Tabloid .

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