Read this article on bsc.news Flare (@FlareNetworks) CEO Hugo Philion (@HugoPhilion) has pushed back against recent fear, uncertainty and doubt (FUD) around $XRP, arguing that the token's fut
Flare (@FlareNetworks) CEO Hugo Philion (@HugoPhilion) has pushed back against recent fear, uncertainty and doubt (FUD) around $XRP, arguing that the token's future should not rest solely on Ripple's decisions.
In a post on X, Philion addressed the habit of XRP holders judging the token's future by what Ripple is or is not doing. "The value and narrative of XRP should never have been viewed as being dependent on the actions of a single actor," he said, according to U.Today.
Philion said holders should focus on improving the token's usability and find a way to turn XRP from a mostly speculative asset into usable capital. He added that this is part of the reason Flare was created, because there has always been more that can be done with XRP. He also invited holders to try Flare, which he described as a way to make XRP less dependent on Ripple.
His comments come at a time of strain in the community, following increasing frustration around XRP and its lacklustre performance.
Philion also rejected a claim that $FLR is not needed to use FXRP, the tokenized version of XRP on Flare. In his words, it is incorrect that FXRP can be used without FLR.
Flare's main product for XRP holders is FXRP. According to The Block, Flare Network launched FXRP in September 2025 as a wrapped version of XRP that can be used in decentralized finance (DeFi) applications. Holders can mint FXRP, a one-to-one representation of XRP, by depositing collateral through a network of independent agents. The token can then be traded, lent or supplied as liquidity on Flare-based platforms.
Blockworks reported at launch that XRP holders can mint FXRP and access lending, liquidity pools and decentralized exchanges across the network. It described the rollout as the first time XRP, a non-smart contract asset, could be used in a composable DeFi system without intermediaries.
Lending has been a stated priority. In an earlier exchange about lending on the XRP Ledger, Philion said, "So we have plans for XRPL lending indeed," as reported by CCN.
As with any project-led view, the push for broader XRP use also supports demand for Flare's own network and token, so holders may want to weigh the proposal with that in mind.
Sources:
U.Today: Flare CEO Pushes Back Against XRP 'FUD'The Block: Flare Network launches FXRP to let XRP be used in DeFi appsBlockworks: Flare Network launches FAssets with FXRP to bring XRP into DeFi
