XRP Yield Is Coming via This Huge United States Exchanges + Flare Network
Support, a significant U.S.-based crypto exchange, has revealed that it’s working on a brand-new method for XRP holders to earn yield on their tokens. This is a big shift for XRP, which doesn’t have native staking like Ethereum or other proof-of-stake coins. Instead, it utilizes an agreement mechanism that doesn’t enable conventional staking. Now, the post XRP Yield Is Coming via This Big United States Exchanges + Flare Network appeared initially on CaptainAltcoin.
Uphold, a major U.S.-based crypto exchange, has actually announced that it’s working on a new way for XRP holders to make yield on their tokens. This is a huge shift for XRP, which doesn’t have native staking like Ethereum or other proof-of-stake coins. Rather, it uses a consensus system that does not permit conventional staking. But now, through a partnership with Flare Network, that restriction might no longer be a problem. Flare is a clever agreement platform compatible with the Ethereum Virtual Maker (EVM). It supports FAssets, which are wrapped variations of possessions like XRP. With this setup, users can wrap their XRP into FXRP and use it in Flare’s environment. This opens the door to earning benefits through staking or other DeFi methods. Uphold is evaluating this procedure and prepares to let XRP holders try it out soon. In a recent post on X, the exchange welcomed the XRP neighborhood to prepare for a beta release. They said this brand-new feature will bring XRP holders into the world of clever contracts and decentralized finance.
The partnership with Flare shows how XRP, a token typically viewed as restricted to payments and transfers, is beginning to broaden into brand-new areas of crypto. Flare confirmed the collaboration and stated it will help construct a DeFi environment around XRP, which they’re calling “XRPFi.” Although the yield function isn’t live yet, it’s already creating excitement. It means XRP holders could make interest without giving up their tokens or switching to other blockchains. It also positions Uphold as one of the couple of exchanges that regularly supports XRP, even throughout the hard legal fight with the SEC. At the same time, Uphold is releasing a brand-new feature for U.S. users called Direct Income Deposit. Anyone who receives a minimum of $250 of their paycheck through Uphold in between June 2 and September 1, 2025, will get a 4% bonus paid in XRP. This is another way Uphold is encouraging people to utilize and hold XRP on their platform. With these 2 updates, yield earning and income benefits, XRP is acquiring some fresh momentum. If the Flare combination works as expected, this could be the start of a more comprehensive push to bring XRP into the DeFi world. For a token that’s been concentrated on energy and payments, this is a promising new chapter.
Read also: This New Crypto May Outshine Kaspa and XRP in 2025 Follow us on X (Twitter), CoinMarketCap and Binance Square for more day-to-day crypto updates. Read our current crypto market updates, news, and technical analysis here.
