Flare CEO announces: XRP usage may reach 5 billion by mid-2026! DeFi staking deployment accelerates

February 27 News, Flare CEO Hugo Philion stated in an interview with Paul Barron that if market conditions align, by mid-2026, the XRP usage on the Flare network could reach 5 billion tokens. He openly said, “We are in talks with clear partners and understand the protocols being built,” hinting that multiple potential collaborations could become key drivers for deeply integrating XRP into decentralized finance.

An important part of the current expansion strategy is Flare’s partnership with Xaman to develop smart account functionality. This solution will allow users to stake XRP directly from the XRP Ledger to Firelight on Flare without cross-chain bridges or manual operations on the Flare chain; the entire process will be completed within the wallet. The Xaman ecosystem holds about 4 billion XRP, and even if some flow into Flare’s revenue system, it could significantly boost activity on the XRP chain.

On the data front, the circulating supply of wrapped asset FXRP on Flare has exceeded 100 million tokens. Since the launch of FAssets in September 2025, this milestone was achieved in just five months, with approximately 89% of the supply locked in DeFi protocols for yield and liquidity purposes. Based on current valuations, the related asset scale is about $150 million.

Philion also previously stated that large-scale financialization of XRP will reshape market perceptions of the asset. If billions of XRP are continuously used for yield generation and real financial applications, its asset attributes could undergo a fundamental change. He compared Flare’s current stage to early-stage expansion of Uber, emphasizing increasing usage rather than short-term profits. As DeFi infrastructure gradually improves, the pace of implementing XRP staking and yield models is clearly accelerating.