XRP holders want to get paid, but who pays? Jeff and Chip follow the money through Firelight, the Flare-based protocol now offering onchain cover for a Kraken DeFi Earn strategy. Stakers earn rewards for backing that protection, and a confirmed covered loss can hit their stake. Firelight's Jesus Rodriguez explains why XRP, which never had a native yield, makes cheaper insurance capital for DeFi than ETH insuring ETH.
Also: Flare's Hugo Philion on Flare as the blockchain for data, DriveWealth using Ripple's RLUSD on the XRP Ledger, Swell 2026 in New York, XRPL Africa turning one, why the dollar wins the stablecoin race, how hackers pick DeFi targets, and why Main Street needs insured crypto. In the back half: Spencer Pratt on America, Greta Thunberg and France's riots, Macron, and Warsaw vs Paris.
Watch the show: https://youtube.com/live/y63_tL54reY
Show notes and links: https://onthechain.io/podcast/xrp-holders-getting-paid/
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