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Flare Co-Founder Says XRP DeFi Growth Hinges on Institutional Participation

TokenPost·November 12, 2026·1 min read
Flare Co-Founder Says XRP DeFi Growth Hinges on Institutional Participation

Flare co-founder Hugo Philion says XRP DeFi growth depends on institutional participation. FXRP's first year on mainnet showed demand for XRP yield but fell short of his earlier projection, indicating that retail demand alone isn't enough to drive significant DeFi expansion on XRP.

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