Catenaa, Friday, June 06, 2025-Digital asset platform Uphold announced plans Friday to unlock yield on XRP and reintroduce its crypto debit card in the United States, expanding its services amid what it called a blockchain-friendly US policy shift.
In a post on X, Uphold revealed it is testing XRP staking through Flare Network, a Layer 1 blockchain aimed at improving cross-chain interoperability.
“Welcome to the world of smart contracts and DeFi opportunities, #XRPArmy,” the company wrote, teasing an upcoming beta launch.
Uphold also said it is preparing to launch its crypto debit card in the US The card, currently available in the U.K., allows users to spend their digital assets both virtually and physically. US customers will soon have access to features including direct salary deposits and XRP-based rewards.
In March, Uphold reinstated staking for US customers across 19 digital assets, including Ethereum and Solana, citing improved regulatory clarity since President Donald Trump returned to office.
CEO Simon McLoughlin said at the time that staking plays a “vital part of blockchain governance,” and expressed enthusiasm about bringing those services back to American users.
As part of its US rollout, Uphold also introduced a new salary deposit feature offering a 4% XRP-back incentive and 5% rewards on Ripple’s RLUSD stablecoin.
The moves mark a broader push by Uphold to capitalize on a renewed appetite for crypto innovation in the US, targeting users seeking yield, utility, and payment flexibility with their digital assets. and aiming to boost yield and adoption of digital assets.
