Flare Aims to Deliver Real Yields to XRP Holders as the Next-Generation DeFi Hub

New York — In an exclusive interview with TokenPost, Dhruv Shah, DeFi Analyst at Flare, shared the platform’s bold vision to transform the XRP ecosystem into a sustainable, transparent, and fully composable on-chain yield network.

Speaking in New York, Shah discussed how Flare is positioning itself as a trustless bridge and yield engine for XRP holders worldwide — including its fast-growing Korean community.

Building the Largest XRP DeFi Ecosystem

“Flare is now the largest XRP-focused DeFi ecosystem,” Shah revealed. “Over 35 million XRP — more than $100 million in value — has already been minted as FXRP, and about 60% of it is actively flowing into DeFi protocols such as Spark DEX and Kinetic.”

The growth has been explosive. “Our first 5 million XRP mint was completely filled by the community in less than four hours — without any institutional announcement,” he said. “After feedback from our Korean users, we opened a new minting round in the Asia time zone, and it sold out in under 90 minutes.”

From Bitcoin Custody to DeFi Design: Security First

A former Bitcoin custody specialist at Unchained Capital, Shah brings a “security-first” mindset to building DeFi products. “Bitcoiners and XRP holders share something important — they’re cautious, security-minded, and protective of their assets,” he explained. “That perspective shapes how we design Flare’s DeFi stack: transparent, over-collateralized, and non-custodial.”

Flare’s FXRP (FAssets XRP) system allows XRP holders to mint tokens on-chain without relying on centralized exchanges. “Unlike wrapped XRP solutions that depend on custodians like Coinbase, FXRP operates fully on-chain and allows seamless bridging between the XRP Ledger (XRPL) and Flare within minutes,” he said.

Korea: The Heart of the XRP Community

Shah highlighted Korea as one of the most vibrant XRP markets globally. “Korea is a key region for us — we’re listed on Bithumb exchange, and we know that a large circle of Korean retirees holds significant XRP positions,” he said. “Our goal is to bring sustainable on-chain yields to those long-term holders in a way that’s easy and safe to use.”

Flare operates a dedicated Korean-language X (Twitter) account and employs local marketing staff in Korea to manage community engagement and events. “All of our updates are translated for our Korean users. We’re deeply connected with the XRP community there,” he added.

FXRP, RWA, and Restaking: Expanding On-Chain Utility

Flare’s long-term strategy revolves around making XRP a productive, yield-bearing asset.
The platform’s FAssets system underpins this, while new initiatives like Firelight — Flare’s restaking protocol — will let XRP holders earn yield by underwriting DeFi markets such as Aave.

“We’re turning dormant capital into productive assets,” Shah explained. “Beyond FXRP, we’re integrating real-world assets (RWA) like tokenized U.S. Treasuries through partners such as Clearpool. This brings traditional yield models on-chain for the XRP ecosystem.”

Flare also plans to introduce liquid staking tokens (LSTs) that aggregate yields from across the network. “Just as staked ETH became productive through liquid staking, we’ll enable staked XRP to generate composable, transparent DeFi yields,” he said.

Bridging DeFi for the Masses

Flare is also working on XRPL Smart Accounts, a user-friendly vault system that allows XRP users to earn DeFi yields without directly managing EVM transactions. “It’s all about abstraction — users can deposit and withdraw from XRPL, while the smart account manages the DeFi logic on Flare,” Shah said. “The goal is to make earning on-chain yield as simple as holding XRP in your wallet.”

Security Above All

Flare’s bridge and F-Asset systems have undergone multiple audits by Zellic, Coinspect, and Code4Arena, and maintain live monitoring through Hypernative and Immunefi. “Bringing a bridge to market is no joke,” Shah admitted. “We’re managing two blockchains simultaneously and take every precaution. Security is our number one priority.”

“Full Steam Ahead for XRP and DeFi”

Concluding the interview, Shah left a message for XRP holders — especially in Korea:

“Flare was built with the XRP community in mind. Our mission is simple: to deliver real, sustainable DeFi yields and empower XRP holders to benefit directly from on-chain innovation.”