FlareNetwork provides smart contract access support for XRP. Will this be the beginning of XRPFi?
Interestingly, @FlareNetworks proposed to provide a set of staking services for the XRP network, aiming to allow XRP holders to participate in other web3 application scenarios such as oracles and L2. Many people only saw the continuous surge in $XRP, but they didn’t know that $FLR also followed the 3-fold increase. I can’t help but ask, what is the relationship between Ripple and the Flare network? After BTCFi, will XRPFi also become a new narrative? Next, a brief summary:
1) Ripple XRP is a typical old currency. It was born in 2012 (much earlier than Ethereum). Its goal is to replace the traditional inter-bank SWIFT payment and settlement system and realize high-speed and low-cost cross-border payment applications.