Flare co-founder Hugo Philion has announced that $134 billion in XRP will soon be available for yield on the network's FXRP and native XRP staking program. The announcement has received mixed reactions from the Flare community, with some expressing concerns over custody liabilities and risks, while others are excited about the potential rewards and seeking more clarity on the execution process. The launch of FXRP on Flare's Songbird network has opened up programmable opportunities for assets that cannot natively integrate with smart contracts. The announcement comes as several products have emerged around XRP, leading to a bullish sentiment despite the ongoing case between Ripple and the SEC. Expectations for XRP-related products have also been fueled by Donald Trump's promise of a friendlier regulatory environment and the US focus on crypto development.



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