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Crypto

Flare CEO says XRPL lending market is underestimated

Flare CEO Hugo Philion (휴고 필리온) said the potential of the XRP Ledger (XRPL) lending market is larger than market expectations and that Flare will prove it through its infrastructure. He said Ripple CTO David Schwartz is underestimating XRPL lending scalability. Philion said XLS-66, an XRPL native lending protocol, is stalled at the validator voting stage, while Flare has built a structure to bypass it. He cited RLUSD loans approved against wrapped XRP collateral, while noting high market concentration.

Crypto

Ripple\'s RLUSD market cap tops $2 billion; XRP Ledger issuance exceeds $1 billion

Ripple\'s stablecoin RLUSD has surpassed a $2 billion market capitalisation, while the amount issued on the XRP Ledger has also exceeded $1 billion. Jack McDonald (잭 맥도널드), Ripple\'s senior vice president in charge of stablecoins, shared the milestone on X. Ripple is expanding RLUSD use cases in payments, settlement, tokenised finance and corporate lending, and is running a project in Kenya focused on improving access to insurance and loans.

Crypto

NYSE-listed C1 fund becomes largest Ripple holder with 17.5% stake, surpasses Kraken

NYSE-listed closed-end C1 fund made Ripple Labs its biggest holding in the second quarter of 2026. Ripple Labs accounted for 17.5% of net assets, ahead of Kraken parent Payward at 16.9%. The fund’s per-share net asset value was $6.49, and a partial buyback by Ripple Labs influenced allocation. Institutions also reported Ripple share holdings and rising allocations to XRP-linked products, including ETF positions and other funding routes tied to the Ripple ecosystem.