Uphold relaunches debit card with XRP rewards in the US.
- Users earn up to 6% in XRP rewards on spending.
- Uphold card returns to the American market after two years.
- The program strengthens Uphold's ties with the XRP ecosystem.
Uphold, a global cryptocurrency wallet provider, has announced the relaunch of its debit card in the United States, offering users the chance to earn XRP rewards when using the product for everyday payments. The new version of the card arrives more than two years after the service was suspended in the country.
According to the company's statement, users can receive up to 6% in XRP when spending dollars, cryptocurrencies, or stablecoins. Additionally, customers who choose to deposit part of their salary directly into their Uphold account can accumulate additional 4% XRP rewards, totaling up to 10% return on card usage.
“We already had a debit card, but we’re bringing it back,” said Nancy Beaton, Uphold’s Chief Revenue and Marketing Officer and President of Uphold US. “We have a very high concentration of XRP holders in our community.”
The executive highlighted that the initiative aims to stimulate the loyalty of XRP users and attract new customers interested in cryptocurrency-linked rewards. Beaton recalled that, even during periods of regulatory uncertainty in the United States, Uphold maintained support for Ripple's token. "We never removed XRP from our platform, even during the difficult regulatory times when all other exchanges did. And that's why XRP users are loyal to Uphold."
The return of the card comes at a time of growing adoption of crypto products in the traditional financial sector, with companies like Visa and Mastercard expanding their digital payments initiatives. In parallel, exchanges like Gemini have also launched credit cards that offer rewards in tokens like Solana (SOL).
Officially launched in May, the new Uphold debit card will initially be available to customers in the United States, while users in the United Kingdom already have access to a similar version. XRP rewards are valid for 90 days after registration, and the product represents the company's commitment to integrating practical usability with crypto benefits within the American financial market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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