HUGO PHILION JUST EXPOSED FLARE’S BIGGER PICTURE!! 🚨

Added: 2026-05-28

[00:00:00]There are some interesting things that Hugo Filion said in the second part of the interview with Crypto Sensei that you really need to pay attention to because if you're holding FLR, this video is definitely for you. What is going on everybody? It's King Karan with another flare content for you guys. And first of all, I am reacting to Crypto Sensei's second part of his interview with Hugo Filion. if you want to watch the full video. I'll put it down below.

[00:00:29]But in this video, I'm going to highlight all of the bullish things that Hugo Philly said in that interview. So, let's not wait any longer. Here we go.

[00:00:40]>> We, you know, one of the things we've talked about a lot is the security of these kind of things.

[00:00:45]>> So, we do still have a limit on how much can be minted in any one time period and that's to avoid any kind of runaway issue with the system. You know, a lot of the bridges, a lot of the problems with bridges have been deeply exacerbated by not having limits. Being able to being able to do 500 million in one transaction, you know, that that's I mean straightforwardly is stupid. I don't have anything else set now.

[00:01:15]Doesn't you know? So, so yes, there are still limits. I think we're setting the initial like limit that can be minted at any one period of time about four million XRP could be $4 million but I I can't remember it's either $4 million or 4 million XRP and then you still redeem through the agent. So you're still coll fully collateralized on the way out. So you know the whole point of the F asset system is to system is to reduce risk at every possible point and then you know the core vault itself is uses the XRP escrow system where you know if we disappear if we you know if something happens if the system comes under attack all of the pretty much all the funds in that core vault get sent to a custodian regulated custodian that is in fact a partner of Ripple. So you know the whole point of the system is to reduce risk in every component of the system starting with having the best data but then also my background was risk right I spent all my time thinking about okay how do I minimize my risk on this you know we have limits we you know we're trying to make the the system as nice as possible as easy to use as possible this is one of the reasons why people haven't traditionally had limits on bridges they've always felt that it was bad UI We do have limits and we we're happy to make that UI that that that UI compromise, sorry, UX compromise in order to, you know, have have greater safety. Yeah, I'd imagine too if there's a customer that does want to maybe have higher limits, that's a personal conversation they can have with the Flare team and see because I'd imagine as crypto gets be bigger, as more value gets transacted on chain. I mean, you know, I if Flare is really like the the biggest key player here. So, I'd imagine higher limits are a natural thing in the future, what what would that look like?

[00:03:09]Or are you just always going to leave it at these low limits? then you would just have to do, you know, if you wanted to bring in $100 million, you would just need to do 26 or 27 transactions. Like what is what is the >> I mean the system's flexible, right? So, you know, it's not it's not that we can't accommodate that. It's just that you know in the ordinary course of business we don't want you know if let's say there's a an issue with the system and someone you know has has found a bug and suddenly you know and we've got 200 million in the system and somehow they're able to create a an additional 100 million units. The system is diluted by a third.

[00:03:50]>> Yeah.

[00:03:51]>> Right. you know, you've effectively lost a third of the value in the system. Now, we don't want that. We So, you know, you have to kind of you have to think about where, you know, where your tolerances are.

[00:04:05]>> I understand. And you having the background in risk, it just makes sense.

[00:04:08]And I think that's why we haven't really seen any kind of huge issues with Flare.

[00:04:13]At least I couldn't when I was researching this, I couldn't find any kind of hacks or >> loss. you know, we've we've had a few false alerts.

[00:04:22]>> Yeah.

[00:04:23]>> So, we we use a system which monitors the ecosystem 247 both with people and with, you know, AI and and different types of risk model.

[00:04:34]Had a few false uh false alerts where we've we've you know, triggered a pause.

[00:04:39]>> Yeah.

[00:04:40]>> But, you know, we've not had any losses which is nice.

[00:04:43]>> And this part is very important because he's talking about flare security. He's talking about risk management because you have a lot of these blockchains out there who are still underestimating security and then all of a sudden there is some breach. There is some hackings going on here and there but Hugo is up to date with all of these things. I mean he has risk management as his background. So he definitely knows and he is obsessed with making sure that Flare network is secure. I mean it does kind of rhyme but he is making sure that flare network is secure. I mean it's true you know the fact that even they have these false alerts like people when I see that on X you know when flare is mentioning like hey guys we have this alert we need to shut down the f asset for just like half an hour to see what is really going on people are panicking but actually what is really happening is if you look at flare network as a whole castle and then you have a whole city around it then you have some huge walls around it and with that alert it's actually alerting something in the woods like far away like, "Hey guys, be careful." Like some trees are moving while you still have a lot of securityurities around you, but they're still making sure that something if something happens, they're all ready and they're all locked in, which is really important. So once you hear something like that, like, yeah, you had some alerts here and there. It's not that flare got breached. There is something that the system already have seen like miles away. So they're actually alerting things just like I mentioned about the whole city. Everything is secure. You got all of these knights standing. They got a huge wall and then that alert is actually from all the way there outside of the city. When you have some trees moving around, people think, "Oh yeah, then this might be some some enemies."

[00:06:33]But no, it it was just the wind. You know, that's the alert. while flare network is robust and secure and the fact that he's also mentioning that AI is also involved into making up the alerts if something happens here and there. I mean they are really up to date with their security measures. It's very important for a blockchain to have it and especially with a lot of these audits that is going on on Flare network. They have definitely one of the most audits out there. I mean, Ethereum has a lot of audits, but Flare is not far behind that, and that should actually tell you enough that they're really taking their security seriously.

[00:07:11]>> Any exchange will be able to any exchange user with where XRP is supported and tags are supported. I think that's all exchanges will be able to mint FXRP. I want to single up single out U uphold very specifically though because they're actually offering products within the Uphold user interface that people will be able to just click and deploy their XRP to. So that's different that's different to being able to mint to Flare and then use it yourself, >> you know. So I I think you know what I want to see is I want to work with many other exchanges to have more one-click products. Can you talk to us about what those products will will look like? I mean, are >> Sure. Sure. I I mean, you know, so far they've announced that they'll be offering the ability to stake in Firelight, take your XRP into Firelight for DeFi coverage and the yield on DeFi coverage.

[00:08:07]>> And what Hugo Filion is obviously mentioning here, it's about the partnership between Uphold and Flare.

[00:08:13]And obviously they are going to work towards a user experience on uphold where they can earn yield obviously with flare but obviously with a user experience on the uphold platform. So there will be something happening where you go to uphold and then you have some buttons like you want to earn yield uh with fire light obviously. So you have a full user experience on uphold itself.

[00:08:40]So you have a whole different user interface that is just going to be for flare which is really amazing. I mean you cannot do this easily with other exchanges but as Hugo Fillion mentioned he is going after exchanges to make sure that they are also going to implement their UI into their exchanges. And this will make it even more easier for people to earn yield because they have their own user experience on the exchanges that is just customized for flare. So they just have to go on these exchanges and just they see that all right I can earn yield. They just click on it and this is a way easier method actually to earn yield. actually the most easiest for the people who are on the exchanges.

[00:09:24]>> A core table stake set of products that we want to work with a number of exchanges on loan origination is probably the biggest one in reality and you know I want to work with Apple on that. I also want to work with other large XRP exchanges on that. This part was really short but this part was really powerful. He is talking about loans. He's talking about people borrowing and lending in a decentralized way with their XRPs. We all know the XRP community. They're not going to sell their XRPs, man. These people, they know what is going on. They know what is going on with the dollar. They know how corrupt the governments are. They really think that they're going to sell. I mean, I know the XRP community. I've been with them for over eight years. So, and I'm not even turning my XRPS into fiat currency. All right? So, I'm also one of these guys. But with this you can actually borrow and lend. You can actually lend your XRPS in a decentralized way and earn fees or you can borrow and you can spend that and obviously if you make some other gains you can pay it back and get your XRPs back but you obviously need to pay a little bit of fee. But it's just like when you're going to borrow at a bank but it's different. It's without a middleman right? It's without these high fees that you need to pay back and it's obviously in fiat currency. not in XRP, but what Hugo Filillia is talking about is definitely pushing loans on the Flare network that is going to be for the XRP holders. And this is a very smart move by Flair, obviously pushing loans because once you're going to push it to exchanges like Uphold since they're their closest ally and they're obviously also going to have their own UI for earning yield, especially with Fireite, they can also create a UI for loans.

[00:11:13]It's going to be massive because Uphold has a lot of XRP holders over there and once they find some UI connected to Flare that you can borrow and lend in a decentralized way, there will be more usage on Flare network and we all know what will happen after that with fire. I mean we all know that >> compute layer for DeFi flare. I see the same happening for RWAS.

[00:11:39]So, you know, issuance layer, XRP ledger, some very specific use cases on the XRP ledger, more complex use cases on Flare. Why? Because we're building something called Flare confidential compute, which is part of what we call Flare 2.0. And confidential compute uses something called trusted execution environment. This is a layer that sits offchain from Flare. So it doesn't it doesn't exist on the network but it uses Flair's data protocols and it uses the unique features of trusted execution environments to allow us to do things within those environments and have verifiability that they have happened and that the compute the the code that has been uploaded to those environments has executed correctly. So it allows you to verify from that environment onto chain. So to give you an example of that, imagine an RWA that is issued on the XRP ledger is moved to Flare and put up into an application that runs in the trusted execution environment. And that application could be an order bookbased DEX with privacy and >> is it with like KYC compliance built in too with the privacy Let me yeah that application could be you know a compliant DEX with privacy. So you have an RWA that comes from the XRP ledger and can directly use Flair's application that has compliance and privacy builder >> for a for an order bookbased deck. This is really really hard to achieve on a layer one but within Flair's compute environment we can achieve that. In fact we've actually already put out a demo of that. It exists. It's on test net. Okay, >> you can go and see it. You can use it.

[00:13:32]It's not that fullfeatured, but it works.

[00:13:35]>> You can trade, you can trade within the TE and you can see that no one knows who you traded with. So, you know, that is a place where institutions can trade with each other. That is a place where institutions can trade with retail provided the compliance is correct. You know, uh and that that that's kind of where we see us adding, you know, large amounts of value. I think that there could be other types of protocol that exist in that layer that you know things like private lending. You know, you know, let's say you want to borrow a real world asset that represents the stock in order to short it.

[00:14:12]>> Okay.

[00:14:13]>> Maybe you don't want everyone to know you're shorting that stock.

[00:14:16]>> Yeah.

[00:14:16]>> Maybe you don't want people to know you're shorting that stock in size because then you're susceptible to a short squeeze.

[00:14:21]>> Yeah.

[00:14:23]>> So, I can go to that layer. I can borrow it privately with compliance. I can sell the asset. I'm now short that asset. But no one knows it's me. No one can see that the transaction was for a huge amount of units.

[00:14:38]>> Yeah.

[00:14:39]>> Etc., etc. So, I think there are there's value to this, you know, or let's say, you know, I need to borrow against my corporate equity that's that's tokenized and I don't particularly want people to know I'm borrowing against my corporate equity, right? I intend to pay it back, you know, etc. So, you know, I think there's a lot of value there.

[00:14:58]>> And this part is really interesting because he's obviously mentioning Flare 2.0, which is something massive coming up because with TE's and PMWs, Flare can do things even beyond their limits after Flare 2.0 has been released. And obviously, he's talking about TE's trusted execution environments that doesn't even exist on the chain. It's outside of it. And you have institutions who can also go on and make some trades, do certain things in DeFi. But that is obviously not trackable. You cannot see what is really going on. And you have institutions who are really interested in that because we all know we have institutions out there who wants to keep these things private, right? Every trade should not even be on chain, right? You have these bigger people who really want to do things in a private way and there has to be some options for them too. and obviously also for retail. So Flare 2.0 O is going to bring flare to the next level especially with PMWs with protocol managed wallets that can actually reach Bitcoin Sena like he mentioned Ethereum like they can do so many things just like they are doing with XRP they can do this with different assets because they can reach it more further with PMWs and this is something that is actually going to bring Flare on steroids man if you think that Flare is ripped right now you better see Flare 2.0, man. It's about to get buffed.

[00:16:26]>> Protocol within those uh within those machines, you know, we're building protocols for AI. So, AI with with guard rails.

[00:16:35]>> Yeah.

[00:16:35]>> Uh so that you can use agents more safely on blockchain, but we're also building something called protocol manage wallets. And this kind of the backbone infrastructure that will allow us to take our WAS from the XRP ledger, but also allow us to um to to take assets from other chains, but doesn't allow us to do anything. It allows protocol to do it. It allows a protocol to manage a wallet, an address on XRP ledger, Bitcoin, Ethereum, Salana, whatever. So it's suddenly you can build a protocol on Flare that can source or direct funds on whatever chain and you know I think that is powerful and just like I said man PMWs are going to bring Flare to the next level. I mean Flair already has targeted XRP especially with giving them full Devi experience. I mean with PMWs they can go to Bitcoin they can go to Salena they can go to Ethereum they can go to doch they can go to Cardano they can go to a lot of other blockchains way quicker right now with the help of PMWs and he was obviously mentioning about AI I mean guys AI agents on Flare network we have a lot of narratives right now AI data divi RWA guys flare has all the juicy narratives for this next run. And if you think that 0.008 going straight to 5.5 cents was enough, I mean that was without F assets, without PMWs, without TE's, without fire, without institutions, without any other recognition in a major way. But now we have it all. And this is going to be crazy for Flare Network. The usage and obviously the price action that will happen with Flare. I mean guys, you better buckle up because we have every narrative and we have everything that we needed for Flare Network to take off.

[00:18:39]So, I hope that you guys are ready and I hope that you guys have enjoyed this content. Make sure to like, subscribe, and don't forget to put something down below. Let me know what you think about this video and I'll see you guys next time.