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Altcoins & DeFi

Flare Cofounder Says XRP Value Should Not Depend on Ripple, Urges Holders to Put XRP to Work

Image: The Crypto Basic

Flare cofounder Hugo Philion has pushed back against renewed criticism around XRP, arguing that the asset’s value proposition should not depend solely on what Ripple does—or does not do. The comments come amid another wave of debate over XRP ’s utility, Ripple’s growing focus on products such as RLUSD, and whether holders are relying too heavily on one company to create demand for the asset. Philion argued that this framing has always been misguided. XRP, in his view, needs an ecosystem capable of turning dormant holdings into productive capital through lending, yield, trading, collateral and other financial applications. “XRP’s value and narrative should never have been perceived as being based solely on the actions of one player,” Philion said.

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