🚀 Big News for XRP Holders! 🪙🔍
Crypto platform Uphold is working on something that’s catching the attention of the XRP community 👀
The company shared on X (formerly Twitter) that it’s exploring new ways to offer yield on XRP — and has already started testing staking through the Flare Network 🔗🔥
📢 More details about this testing phase are expected to be revealed soon, so stay tuned! ⏳📰
🧱 Here's What You Need to Know:
Uphold launched its Vault self-custody wallet with XRP support back in late 2023 🔐📲
Flare Network is an EVM-compatible Layer 1 blockchain focused on cross-chain connections and real-time data access 🌐💡
The launch of USDT0 (a cross-chain version of USDT) has caused Flare’s TVL (Total Value Locked) to surge dramatically
💳 More From Uphold:
They plan to bring back their crypto debit card in the U.S. 🇺🇸 (currently only available in the UK 🇬🇧)
In March, Uphold reintroduced staking rewards for U.S. users, covering 19 digital assets including ETH, SOL, and NEAR 🌟💸
And here’s the exciting part: with the new “Direct Payment” feature, U.S. users can now earn:
🤑 4% cashback in XRP
💵 5% in RLUSD (Ripple’s USD stablecoin)
📌 Bottom line: Uphold is clearly ramping up its XRP game — with staking, rewards, and more ways to earn 🔥
XRP holders, this might be a great time to keep your eyes on what’s coming next! 👁️👛 #xrp #Ripple