XRP is one of the most established digital assets, built on a strong foundation in payments and remittances. Now, there’s growing momentum to expand XRP into DeFi - and major players are taking notice. But not all approaches are equal. Some new projects are fully custodial and centralized: one party controls the minting, burning, and smart contracts - EVERYTHING. No decentralization. No community involvement. And good luck withdrawing to Xaman or Bifrost without extra fees and friction. At @FlareNetworks, we offer users a different path. The FAssets system on Flare facilitates non-custodial, over-collateralized bridging of XRP. Smart contracts enforce strict risk controls, and the system is kept honest by independent Agents, Liquidators, and Challengers. Bridging is just the beginning. On Flare, XRP holders can lend, borrow, stake, restake, and mint synthetic stablecoins. This is XRPfi: a new era of utility for XRP, powered by decentralization.