Collateralize XRP. Borrow stables. Deploy them elsewhere. @HugoPhilion explains the demand he's seeing for XRPFi with @CoinDesk at @RippleSwell. Full video interview on YouTube ↓

At @RippleSwell, @HugoPhilion sat down with @CoinDesk live. We explored XRP's next chapter in credit, from Flare Smart Accounts to Flare enabling XRP-backed borrowing and cover through @Morpho and @Firelightfi. Watch the full segment

Later today: @FlareDevHub Session 26. XRP as collateral for credit, with Smart Accounts abstracting the steps — XRPL wallet to FXRP to $RLUSD borrow, walked end to end. RSVP for the stream: 👇

$RLUSD distribution keeps widening. Meanwhile on @Morpho: $8.78M RLUSD borrowed against FXRP ~95% utilized XRP holders want dollars without selling their XRP. FXRP is how XRP becomes collateral.

$50M XRP is deployed across Upshift vaults. Today at 4 PM Eastern Time at the @FlareNetworks Swell side-event, @upshift_fi co-founder @aya_kantor joins speakers from @Firelightfi and @SentoraHQ to discuss: “XRP at Work: Vaults, Cover & Credit”. 📍 The Addison NY RSVP:

Once your Flare Confidential Compute TEE is live, you get an extension ID, and then you want to see instructions, methods, and txs without digging through Systems Explorer tabs. I open-sourced FCC Explorer for that, which is built on top of onchain data 🧑‍💻 Code: 📝 Docs: 🤔 What are you building with FCC?

I've just seen it run fully and it's truly remarkable. XRPL-controlled loans powered by Flare Smart Accounts, with all the complexity abstracted away, are in the final phase. It's an incredible engineering solution that involves XRPL-signed intent, Flare orchestration, LayerZero transport and execution on Ethereum. This can enable a new XRP credit market to take shape across EVM liquidity without XRPL users having to understand all of the infrastructure underneath while still retaining control through their XRPL wallet. The lending position is executed on Morpho on Ethereum, but controlled from an XRPL wallet. The way it works is like this: An XRPL account makes a payment to the FAssets Core Vault together with a Custom Instruction. FDC verifies that payment on Flare, FXRP gets minted into the system, and the user's Smart Account executes the instructions that were committed to from XRPL. Part of that execution uses a Loan Subaccount, essentially a dedicated account for managing the loan position and its collateral. From there, the FXRP on Flare crosses through the OFT and LayerZero path together with the borrow instruction to the corresponding remote Loan Subaccount on Ethereum. Finally, that remote account supplies the FXRP into Morpho, borrows RLUSD, and sends it to the destination the user authorized. Sounds like a lot, because it is, and it's all abstracted away such that an XRPL user can just connect their wallet to a portal, sign, and after a couple of clicks receive RLUSD as a loan against their XRP. Extremely powerful technology, and the loan flow is only one implementation of this type of primitive.

Catch us at @FlareNetworks' NYC: Swell Week Drinks! From 4–5PM ET today, @admff492, CEO and Co-Founder of Firelight and @SentoraHQ, will dive into how we protect on-chain capital and our plans to scale coverage across DeFi. See you there.

1/ Congratulations to @Ripple on securing final OCC approval for Ripple National Trust Bank. A major milestone for Ripple and the broader XRP ecosystem. At @FlareNetworks, we’re building another important piece of that ecosystem: the programmable financial layer for XRP.

A few hours out. If you're in town for @RippleSwell, come join us and our partners @SentoraHQ, @Firelightfi, @upshift_fi, and @XRPLJapan for drinks and a fireside chat. ☀️ RSVP ➡️

Using @FlareNetworks Smart Accounts to deploy into Firelight only requires XRP. 1. Connect a supported XRPL wallet. 2. Mint FXRP (Flare-wrapped XRP). 3. Mint and deposit into the Firelight vault. Get started.

If you bump into the Flare team at @RippleSwell and dont have time to watch the keynote, here’s the tl;dr. Flare = Know what’s true, onchain and in the world. Run the work that can’t happen in the open. Unlock what the asset can actually do. ripple:native first, not XRP only. Whatever is issued on XRPL can be put to work through @FlareNetworks, sending value back to both. Proof so far: about 145M FXRP minted, ~90% of it is in use. It’s on 7 networks, and you can borrow $RLUSD against it. What it means for $FLR: More activity on Flare means more protocol revenue to FIRE, helping offset inflation and reduce supply. Now go ask us the harder questions.

Flare Confidential Compute runs the work institutional finance cannot run in public, and returns a result the next contract can verify. Inputs stay confidential. The result comes back signed, and other contracts check it before anything settles. Live on Songbird with @Hex_Trust's USDX proof of reserves. @defillama_res covers FCC in their full report:

Proof of reserves usually reaches the market as a periodic attestation from an accounting firm, a document no smart contract can read or act on. Confidential Compute on @FlareNetworks turns that check into something contracts can verify, and the trust comes from four layers around the hardware: → Flare's data providers must approve each request before the secure hardware runs it → Only approved code can run, and each version's fingerprint is recorded onchain → The hardware proves it's running that approved code → Contracts verify the signed result before any app can use it The providers approving requests also run Flare's price feeds and cross-chain proofs, backed by roughly 47B FLR staked or delegated, about half of circulating supply. That shared setup lets Flare's tools work together: a lending market could price collateral and check a borrower's private financials on Flare, or a fund could publish a verifiable NAV without revealing its holdings. Our report is clear on the limits: Confidential Compute proves the check ran correctly, but the data still comes from the institution providing it, and for now the hardware runs on Google Cloud, operated by the Flare Foundation. What comes next? Opening it to outside builders, with its fees already designed into Flare's protocol revenue pool.

Flare Meetup New York 🗽 Flare is hosting a meetup during @RippleSwell on October 27th at The Addison NY, steps away from the Swell venue. Come meet builders, traders and founders, including @upshift_fi, @SentoraHQ, @Firelightfi and @XRPLJapan, over an open bar and bites. Space is limited. Request to join:

Cover on @krakenfx, capital on @FlareNetworks . Every onchain product @Firelightfi covers, draws on one pool: staked FXRP. XRP reaches that pool through FAssets, from the XRPL wallet you already use. →