FCC's RWA role: the institutional barrier to XRP-based RWA DeFi is public blockchain transparency. A bank that holds XRP as a settlement reserve cannot publicly disclose its position on-chain — competitors, regulators, and counterparties would all have complete visibility. FCC's private execution model gives institutions the ability to manage XRP positions on @FlareNetworks without public disclosure. That is the technical prerequisite for regulated institutional RWA DeFi. 🔐
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