#Flare Co-Founder Hugo Philion Says $XRP Needs More Than Ripple to Drive Its Growth Flare co-founder Hugo Philion has pushed back against criticism that questions XRP’s value based on Ripple’s actions, arguing that the asset should not depend on one company to drive its growth. He believes XRP needs a broader ecosystem that allows holders to put their tokens to work through lending, trading, borrowing, yield opportunities, and collateral. Philion also challenged the community to show why people who do not already own XRP should want to hold it and how the asset can move beyond speculation. Philion pointed to Flare’s FXRP and Smart Accounts as ways to expand XRP’s role in decentralized finance, including lending, borrowing, and trading. These features allow users to access Flare applications without directly holding FLR for transaction fees, although FLR still powers network activity behind the scenes. https://t.co/HVZDvCSiI6
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