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Flare CEO says major XRPFi expansion over next six months to attract 5 billion XRP

Flare will push a major expansion of XRPFi, its XRP-based decentralised finance ecosystem, over the next six months, aiming to make XRP usable as a DeFi asset rather than only for payments. CEO Hugo Philion said Flare will become a fully programmable layer for the XRP Ledger and roll out upgrades starting in about two weeks. FXRP issuance has exceeded 150 million, and he projected up to 5 billion XRP could flow into Flare, though analysts see security checks and stablecoin liquidity as key hurdles.

Crypto

Japan to enter bitcoin spot ETF era; $18.4 billion market seen by FY2028

Japan\'s bitcoin spot exchange-traded fund market could grow to about $18.4 billion by fiscal 2028, as retail investor access broadens, institutional money flows in and tax changes take hold, industry participants say. Digital asset manager XWIN said the forecast is based on realistic funding assumptions, with the target equalling 0.13 percent of Japanese household financial assets. It also pointed to retail channels, institutions and product supply from financial firms as key inflow routes.

Crypto

Ripple escrow holdings put at about 32.45 billion XRP, community says it can be verified on public ledger

The XRP community has reaffirmed that Ripple’s publicly visible XRP escrow holdings total about 32.445 billion XRP, after confusion persisted in the market amid mixed figures from older sources. A user on X shared a snapshot based on the current ledger. The XRP Ledger Foundation’s community director said the same figure can be checked on XRPScan. Data shared also listed active accounts, burned XRP, escrow holdings, and circulating supply.