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

Citi links with Coinbase for stablecoin payments without direct crypto holdings

Citi institutional clients can now accept stablecoin payments without directly holding cryptocurrencies. Coinbase has connected its payment infrastructure to Citi\'s merchant payments platform, Spring by Citi. Customers can pay in stablecoins at checkout, with Coinbase converting the funds into fiat currency and Citi settling them as the account management bank. The companies will first launch the functions in the United States and plan to add features in coming months.