TLDR
- Flare CEO Hugo Philion said the network is working to expand XRPFi adoption and increase TVL.
- Flare is seeking more stablecoin liquidity to support XRP deployments across DeFi applications.
- Philion said Flare is also pursuing institutional partnerships and real-world asset trials.
- Flare currently has about 156 million XRP locked in its core vault.
Flare has set out new plans to deepen XRPFi activity as the network works to raise liquidity, institutional use, and TVL.
Flare CEO Hugo Philion said during a Flare-hosted AMA that the team is working on several initiatives tied to XRP-based decentralized finance. He did not disclose unannounced products or partnerships, but he said stablecoin liquidity remains a key priority for XRP deployments on Flare.
According to Philion, Flare wants more stablecoin liquidity available for XRPFi applications because stablecoins support lending, trading, and collateral use across DeFi markets. His comments came after a community member asked whether Flare could raise minting limits or encourage exchanges to deploy XRP liquidity for users.
Flare Pushes For More XRPFi Liquidity
Philion said Flare is also working with institutions already committed to building XRPFi products on the network. One existing example is VivoPower, the Nasdaq-listed company that previously committed $100 million in XRP for deployment on Flare.
At the same time, Philion said Flare is looking for additional partners that hold large XRP reserves and can place those assets into DeFi applications. He framed this as part of Flare’s effort to turn idle XRP into productive capital without changing the XRP Ledger itself.
During the AMA, Philion also said Flare is advancing real-world asset trials through its Confidential Compute technology stack. According to him, the technology could help institutions test tokenized financial products while keeping privacy and compliance needs in view.
Flare is also placing more attention on its Flare Data Connector, known as FDC. Philion said partnerships with groups seeking decentralized data services could increase FDC use and add more fee activity to the network.
I’m not going to announce anything ahead of time but here is a summary of the things we are focussing on:
– Sourcing more stablecoin liquidity against which XRP can be deployed.
– Deepening partnerships (extending the range of deployment options) with institutions that have…— Hugo Philion (@HugoPhilion) May 31, 2026
FXRP Vault Holds Over 156 Million XRP
Flare’s XRPFi strategy currently centers on its upgraded FAsset system. The system allows XRP holders to move XRP onto Flare as FXRP through a non-custodial bridging process.
According to Flare’s current vault data cited in the report, 156.19 million XRP worth about $208.91 million is locked in the network’s core vault. FXRP supply has reached 158.41 million tokens, while 143.4 million FXRP has already been deployed across DeFi protocols.
Flare’s TVL stands near $209 million, based on the same figures. Philion’s AMA comments show that Flare is now trying to expand that base through stablecoins, institutional XRP holders, RWA tests, and decentralized data services.
