Defi
Flare CEO Hugo Philion Bets XRP Lending Will Outgrow David Schwartz's Forecast
COINOTAG·October 8, 2026·1 min read
Flare CEO Hugo Philion wagered that XRP lending will outgrow David Schwartz's forecast. Ahead of the XLS-66 vote, $7.95 million in RLUSD is already borrowed against wrapped XRP, signaling strong early demand for XRP-based lending as the protocol prepares for governance changes.
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