Flare CEO says XRP set for institutional leap with confidential compute and DeFi expansion

Hugo Philion, co-founder and CEO of Flare, wants to create a system that allows institutions to trade and lend using XRP-backed assets without exposing their activity to the public. The new system, called Confidential Compute, will launch in Q3 2026. Philion spoke in an interview with crypto YouTuber Crypto Sensei on YouTube, saying Flare is...