💥Flare Network gives blockchain a boost with groundbreaking protocol running on Google Cloud💥

TheDinarian

News • Business • Investing & Finance

November 03, 2022

Flare started as a research organization looking into the future of blockchain technology. This resulted in the development of our own platform and the launch of Flare Network, a blockchain which presents developers with a simple and coherent stack for decentralized interoperability. Decentralized applications on Flare can safely access information from outside the Flare network including prices and blockchain state, helping to establish a highly secure, interoperable multi-and cross-chain solution.

One benefit is that by building on top of Flare, it becomes possible to devise bridges that transport value from one blockchain to another, with decentralized insurance that gives peace of mind to users. By alleviating the risk to the user, Flare believes that the blockchain as an industry can scale to hundreds of millions of users and fulfill its potential to benefit multiple sectors from finance to healthcare. That’s why our motto is ‘connect everything’.

Even though Flare is a new startup, we have to maintain enterprise levels of security and availability for our customers. With that, we turned to Google Cloud to help ensure that our environment was robust and highly secure from the start, as there is no better solution for tech companies when it comes to security than Google.

Bringing blockchain to the mainstream

Google Cloud solutions provide us with a reliable infrastructure upon which we can build and monitor our services. Today, our automation is so advanced that we can have a new test network up and running within minutes. Once in place, we can quickly integrate it with any of our connected chain networks, enabling digital assets and on-chain information to flow freely. Google Cloud also gives us certainty that our system environments are resilient and available across 22 regions worldwide. We are confident that if anything happens in one of these areas, we can be back up and running within minutes.

Google Kubernetes Engine (GKE) provides a managed environment for deploying, managing, and scaling our containerized applications. We also take advantage of Compute Engine to launch virtual machines on demand in less time, which reduces the burden of routine tasks on our engineering team.

We recently began using Apigee to streamline our GTM and security operations for a future API-based web3 cross-chain infrastructure offering (infura but multi-chain) to support our chargeable API platform which is launching in beta soon: https://api-portal.flare.network/

I saw this first-hand when I joined Flare. One of my first tasks was to get a Flare testnet up and running within one month. Google Cloud took away a lot of the heavy lifting and upfront configuration, so I could focus on fine-tuning the test network.

Government and financial-grade security

Google Cloud has several government and financial-grade certificates that help ensure our environment is secure, safe, and monitored. For example, Google has received the UK’s National Cyber Security Centre’s (NCSC) Cyber Essentials Plus certification for both Google Cloud and Google Workspace.

It’s also important to mention the support we’ve received from Google Cloud startup experts. They helped us with several reviews and gave us advice on how we could improve our overall system performance. Google Cloud credits has also enabled us to optimize our spend, which is critical as we navigate the startup process and test out different products and projects while we grow.

Google Cloud support strengthens our credibility with external communities and partners. The resilience and security of the environment gives the developer community confidence that Flare is a reliable base on which to build applications using both price and state from other networks.

For end-users, Google Cloud will help to enable our mission to offer bridging for tokens that lack smart contract capabilities such as Bitcoin, LiteCoin, Dogecoin, Stellar, and XRP. We will also be offering bridging for smart contract tokens, including Ethereum, USD Coin, and Tether.

As a next step, we’re looking to deploy the latest public APIs for all of Flare’s chains and connected chains to the Google Cloud Marketplace to lower the barrier to entry for our networks, technologies, and services.

Moving into the Metaverse

Although these are early days for our business, we see this as a long-term partnership with Google Cloud. We like the way that their platform is evolving, and we can already anticipate how this will support our mission to bring blockchain into the mainstream.

For instance, we recently announced a partnership with a metaverse platform that enables users and their assets to move seamlessly between different metaverse ecosystems. It’s a groundbreaking project and we look forward to continuing to work with Google Cloud to bring this and other exciting initiatives to market in the future.

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~ Actual law.
~ Not a legal gray zone.
~ Not a whitepaper fantasy.

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$500B+ market predicted next year.

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Founders, investors, ecosystem builders:

You want to build real-world assets onchain.

Don’t waste another year waiting for clarity.

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Source

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thedinarian@thedinarian

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Prepare to have your mind blown
~Namasté 🙏 Crypto Michael ⚡ The Dinarian

Dear friend,

What just happened in Iran wasn’t a surprise attack. It wasn’t a last-minute decision. It wasn’t even Israel acting alone.

It was a war plan written years ago — by men in suits, sitting in think tanks in Washington and New York. And yesterday, that plan was finally put into action.

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Because we have the documents. They told us this was coming. Years ago.

Exhibit A: The Brookings Institution.

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They even titled a chapter of this report: “Leave It to Bibi” — naming Netanyahu as the guy to light the match.

Exhibit B: The Council on Foreign Relations (CFR).

The Council on Foreign Relations is an another Deep State operation. Also in 2009, CFR published a “contingency memo” that laid out the whole military plan for an Israeli strike on Iran — step by step.

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What bombs they’d use (the biggest bunker-busters in the U.S. arsenal).
Which Iranian sites to hit (Natanz, Arak, Esfahan).
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If you’ve never trusted the mainstream media, you’re right not to.

If you’ve ever suspected there’s a shadowy agenda behind every war, you’re not paranoid.

You’re paying attention.

Because the documents are real. The war was planned. And the bombs are falling — right on schedule.

Pray for Iran’s civilians.

Pray for the Israelis caught in the crossfire.

Pray for a President who still wants peace.

And pray that we wake up before it’s too late.

Because the war has started.

But the truth has just begun to spread.

Until next time, God bless you, your family and nation.

Take care,

George Christensen

Source:

George Christensen is a former Australian politician, a Christian, freedom lover, conservative, blogger, podcaster, journalist and theologian. He has been feted by the Epoch Times as a “champion of human rights” and his writings have been praised by Infowars’ Alex Jones as “excellent and informative”.

George believes Nation First will be an essential part of the ongoing fight for freedom:

“The time is now for every proud patriot to step to the fore and fight for our freedom, sovereignty and way of life. Information is a key tool in any battle and the Nation First newsletter will be a valuable tool in the battle for the future of the West.”
— George Christensen.

Find more about George at his www.georgechristensen.com.au website.

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thedinarian@thedinarian

June 14, 2025

The Possible Impact Of USDC On The XRP Ledger And RLUSD

Key Points

It seems likely that USDC on the XRP Ledger (XRPL) boosts liquidity, benefiting XRP, though some see it as competition for RLUSD.
Research suggests both stablecoins can coexist, enhancing the XRPL ecosystem.
The evidence leans toward increased network activity being good for XRP, despite potential competition.

The recent launch of USDC on the XRP Ledger has sparked discussions about its impact on the ecosystem, particularly in relation to RLUSD, Ripple's own stablecoin. This response explores whether this development is more about competition for RLUSD or if it enhances liquidity on the XRPL, ultimately benefiting XRP.

Impact on Liquidity and XRP

The introduction of USDC, a major stablecoin with a $61 billion market cap, likely increases liquidity on the XRPL by attracting more users, developers, and institutions. This boost can enhance DeFi applications and enterprise payments, potentially driving demand for XRP, the native token used for transaction fees. While some may view it as competition for RLUSD, the overall effect seems positive for the XRPL's growth.

Competition vs. Coexistence with RLUSD

USDC and RLUSD cater to different needs: USDC appeals to those valuing regulatory compliance, while RLUSD, backed by Ripple, may attract users preferring ecosystem integration. Research suggests both can coexist, increasing options and fostering innovation, rather than purely competing.

Detailed Analysis of USDC on XRPL and Its Implications

The integration of USDC on the XRP Ledger (XRPL), announced on June 12, 2025, by Circle, has significant implications for the ecosystem, particularly in relation to RLUSD, Ripple's stablecoin launched in 2024. This section provides a comprehensive analysis, exploring whether this development is more about competition for RLUSD or if it enhances liquidity on the XRPL, ultimately benefiting XRP.

Understanding RLUSD and Its Role

RLUSD, Ripple's stablecoin, received approval from the New York Department of Financial Services (NYDFS) in 2024 and is designed to be fully backed by cash and cash equivalents, ensuring stability. It is available on both the Ethereum and XRP Ledger blockchains, aiming to enhance liquidity, reduce volatility, and serve cross-border payments. With a current market cap of $413 million, RLUSD is smaller than USDC's $61 billion but has regulatory credibility, particularly appealing to institutions.

Impact of USDC on the XRPL

The launch of USDC on the XRPL is a significant development, given its status as the second-largest stablecoin by market cap.

Key impacts include:

Liquidity Boost: USDC's integration can attract more users, developers, and institutions, increasing overall liquidity. This is crucial for DeFi applications, as Circle's announcement emphasizes its use in liquidity provisioning for token pairs and FX flows.
Increased Utility: USDC enhances the XRPL's utility for enterprise payments, financial infrastructure, and DeFi, potentially making it more attractive for global money movement and transparent settlements.
Regulatory and Institutional Appeal: As a regulated stablecoin issued by Circle, USDC can bring institutional users to the XRPL, aligning with Ripple's goals for regulated financial activities.
Network Growth: Supporting a widely recognized stablecoin like USDC on 22 blockchains, including the XRPL, increases the network's visibility and adoption, potentially driving more activity.

Competition vs. Complementarity with RLUSD

While USDC's launch could be seen as competition for RLUSD, the evidence suggests a more nuanced relationship:

Competition: Both are stablecoins on the XRPL, and USDC's larger market presence ($61 billion vs. RLUSD's $413 million) might attract users and developers away from RLUSD. However, competition can drive innovation, such as lower fees or better services, benefiting the ecosystem
Complementarity: Different stablecoins cater to different needs. USDC appeals to users valuing regulatory compliance and widespread adoption across multiple blockchains, while RLUSD, backed by Ripple, may attract those preferring ecosystem integration and regulatory approval from NYDFS. The XRPL can benefit from having multiple options, increasing liquidity and fostering a diverse ecosystem.
Coexistence Benefits: Research suggests that having multiple stablecoins enhances liquidity and provides users with more choices, potentially leading to higher network activity. For example, institutions might use USDC for global payments and RLUSD for specific XRPL-integrated applications, creating a symbiotic relationships.

Impact on XRP

The introduction of USDC, alongside RLUSD, is likely beneficial for XRP, the native token of the XRPL, for several reasons:

Increased Liquidity and Activity: Higher liquidity on the XRPL, driven by both stablecoins, can increase transaction volumes. XRP is used for transaction fees, with some fees burned, potentially reducing supply over time and increasing demand.
DeFi and Enterprise Use Cases: Both USDC and RLUSD enhance DeFi and enterprise applications, such as liquidity pools and cross-border payments, which can drive demand for XRP as a settlement token.
Network Growth: A more liquid and active XRPL is more attractive to developers and users, potentially leading to long-term growth for XRP, as increased utility can drive its value.

Expert analyses, such as those from u.today and ledgerinsights.com, suggest the launch is a "massive boost" for liquidity and adoption, with RLUSD also playing a significant role.

Comparative Analysis: USDC vs. RLUSD

To further illustrate, consider the following table comparing key attributes:

Given the evidence, it is more accurate to view the introduction of USDC on the XRPL as beneficial for liquidity, which is ultimately good for XRP, rather than solely as competition for RLUSD. The XRPL benefits from increased options, with both stablecoins enhancing liquidity, utility, and network growth. While some competition exists, the overall impact is positive, fostering a robust ecosystem that can drive demand for XRP. This conclusion aligns with expert analyses and community discussions, acknowledging the complexity of the stablecoin market within the XRPL.

Source

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