Hugo Philion, founder of EVM-compatible layer-one blockchain Flare (FLR), has proposed enabling XRP holders to borrow RLUSD against XRP held on the XRP Ledger (XRPL) while receiving the loan proceeds in an XRPL wallet. Flare Smart Accounts would authorize the process, with XRP represented on Flare as FXRP and used as collateral through Morpho, while users could keep the borrowed RLUSD on XRPL without creating additional wallets or accounts. The proposal depends on PermissionDelegationV1_1, an XRPL amendment that would let one account authorize another to perform specified transactions without sharing private keys. The amendment remains in validator voting and requires more than 80% support for two weeks before activation. The plan builds on Flare’s work linking XRP with Ethereum-based decentralized finance and on Wormhole-related infrastructure associated with Ripple’s cross-chain connection.