Uphold Releases XRP Yields, Brings Crypto Card to the US

• Uphold Offers XRP Yields with Flare Network Support
• Uphold’s Crypto Debit Card to Relaunch in the US
• XRP and RLUSD rewards encourage crypto adoption

Uphold announced two new initiatives on Friday aimed at expanding its cryptocurrency services in the United States: unlocking XRP yield and relaunching its crypto debit card in the country. The move comes amid a regulatory landscape that is seen as more favorable by companies in the sector.

According to a post on X (formerly Twitter), the platform is testing an XRP-based yield model using the resources of the Flare Network. This layer-1 blockchain, compatible with the Ethereum Virtual Machine (EVM), seeks to promote greater interoperability and facilitate cross-chain data access. The total value locked (TVL) on the Flare network has seen significant growth following the introduction of the omnichain stablecoin USDT0.

🚨 JUST ANNOUNCED!

You asked, we listened.

Uphold is exploring ways to unlock yield on $ Xrp , including testing XRP staking through @FlareNetworks FAssets.

Welcome to the world of smart contracts and DeFi opportunities, #XRParmy .

Stay tuned for the beta. #Ripple #Flare pic.twitter.com/1M33bohTDm

— Uphold (@UpholdInc) May 30, 2025

“Welcome to the world of smart contracts and DeFi opportunities, #XRPArmy,” Uphold wrote in its post. “Stay tuned for the beta.”

Additionally, the company confirmed that the Uphold debit card — previously only available in the UK — will be made available to users in the US. The cards, both physical and virtual, allow holders to directly use crypto balances stored in the platform’s wallet for everyday payments.

Another highlight was the announcement of the “Direct Salary Deposit” service with crypto rewards. According to Uphold, users will be able to receive up to 4% return in XRP and 5% in RLUSD, Ripple’s stablecoin pegged to the dollar.

Since March, Uphold has resumed offering staking rewards to US customers on 19 digital assets, including Ethereum, Solana, and NEAR. The decision was justified by the changing regulatory environment.

“Staking is a vital part of blockchain governance and the on-chain economy. Users should be able to support this activity and profit from it,” CEO Simon McLoughlin said in a statement.