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Crypto

XRP, once criticised as \'finance coin\', sees institution-focused strategy reappraised

Ripple CEO Brad Garlinghouse agreed publicly that XRP was once criticised as a coin for the financial sector but that the wider crypto industry is now pursuing the same approach. Comments by Flare co-founder Hugo Philion argued that Ripple’s focus on banks and payment providers was initially mocked but has since been adopted across blockchain projects. XRP supporters and lawyer Bill Morgan also weighed in, highlighting repeated criticism of Ripple’s XRP holdings and sales.

Crypto

Flare co-founder welcomes Charles Hoskinson return after XRP-BTC clash

Flare co-founder Hugo Philion publicly supported Cardano founder Charles Hoskinson\'s return to activity on X, after the two clashed over XRP and bitcoin interoperability and bitcoin-based DeFi strategy. Philion said the crypto industry would be worse off without Hoskinson, Cardano and Midnight, while maintaining Cardano was duplicating work that could be done using FXRP and Flare Bitcoin via LayerZero. Hoskinson had briefly reduced public activity before returning.

Crypto

Flare CEO says it is earning from dormant XRP, moves to expand DeFi with institutional funds and RWA

Flare is moving to secure stablecoin liquidity and expand institutional cooperation to grow XRPFi, its XRP-based decentralised finance ecosystem. CEO Hugo Philion outlined the strategy in a Flare-hosted AMA, while avoiding details on unreleased products or partnerships. Flare is also pursuing real-world asset experiments using its Confidential Compute stack and expanding its Flare Data Connector business. VivoPower plans to deploy $100 million worth of XRP on the Flare network.