$HYPE
Fading QuicklySnapshot Window: 2026-07-06 06:50 UTC · ← Back to Crypto Overview
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
“We’re using a native XRP Ledger feature.” - HUGO PHILION That’s the genius of Flare’s latest FXRP minting. Instead of inventing a new bridge UX, Flare leverages Destination Tags something exchanges and XRP wallets already support. Reserve your tag once. Withdraw XRP. [Spoken audio]: Data capability with smart contracts makes Flare, like you say, exceptionally unique and able to provide. I'd give you a really nice example. Other people have built bridges. We've just launched version 1.3 of our XRP bridge. It has this really, it does a lot of things and I won't break it down because it's, unless you're familiar with FXRP, it's not going to make a lot of sense. But it has this really nice capability whereby we can allow a user to use a native functionality from the XRP ledger through an exchange to withdraw their XRP from that exchange directly to Flare. So it uses a native XRP functionality called XRP tags, which means you can tag, you can associate a tag on Flare with a tag on XRP ledger. And then because we can process that data on Flare using our what we call the FLARE data connector, which means we can prove down to FLARE that there has been a transaction on the XRP ledger to a specific address with this tag attached in the metadata. We can enable XRP to come from an exchange directly to FLARE without the user having to go from the exchange to XRP ledger to FLARE. It's a small little, you know user experience it makes the user experience better but that's fundamentally what you can do when you have a broad data protocol.
