XRP Yield Coming Soon on Top U.S. Exchange: Uphold Partners Flare

XRP yield opportunities are set to become a reality for holders as leading U.S.-based exchange Uphold prepares to introduce a way to earn interest on XRP assets. This marks a significant transition for XRP from a static digital asset into one with potential for passive income generation.

In a recent post on X, Uphold confirmed that it is actively developing a yield-earning function for XRP holders. The upcoming initiative is a direct response to growing demand within the XRP community for interest-bearing opportunities involving the token. As it stands, most XRP investors can only hold the asset without any passive benefits. However, Uphold aims to change that narrative through a strategic partnership with Flare Network.

Harnessing Flare Network’s DeFi Capabilities for XRP

To bring this initiative to life, Uphold has partnered with Flare Network, a blockchain platform known for its EVM compatibility and smart contract infrastructure. This collaboration will potentially allow XRP to integrate into decentralized finance (DeFi) environments by leveraging Flare’s unique wrapping and staking system.

Unlike Ethereum and other proof-of-stake (PoS) networks, XRP lacks a native mechanism for staking. The XRP Ledger functions on a consensus algorithm rather than staking, making it traditionally unsuitable for yield generation through locking mechanisms. However, Flare Network changes the game by offering a feature called FAssets.

XRP can be wrapped into FXRP, an FAsset that exists on the Flare blockchain. This wrapped version opens up opportunities for XRP holders to participate in DeFi activities like staking and earning interest. By depositing XRP into Flare’s staking smart contracts, users receive FXRP, which can then be used to earn consistent yield.

Beta Testing Phase Approaching

Uphold is currently testing this new functionality and exploring pathways to make XRP yield accessible to its users. While an official launch date has not been confirmed, Uphold has called on members of the XRP community to stay alert for a beta program, which would allow early users to experiment with the staking system.

Flare Network also commented on the initiative, emphasizing the broader implications for DeFi integration. “With FAssets preparing for mainnet launch, this collaboration paves the way for XRPFi, bringing utility & DeFi access to Uphold’s active XRP community,” Flare stated. The term “XRPFi” coined in the announcement captures their vision of expanding XRP’s reach into the rapidly evolving world of decentralized finance.

Uphold Continues to Champion XRP

Uphold has remained a consistent supporter of XRP, even during challenging times such as the ongoing legal conflict between Ripple and the SEC. Its proactive approach and continued rollouts supporting XRP reflect a long-term commitment to fostering the token’s utility and growth.

Highlighting this commitment further, the exchange recently launched a new program aimed at boosting XRP distribution. A new feature named Direct Salary Deposit now enables users to receive 4% of their salary amount back in XRP when they deposit at least $250 through the platform. This limited-time promotion begins on June 2, 2025, and continues through September 1, 2025. More details are available through Uphold’s official announcement.

A New Chapter for XRP Holders

The upcoming launch of XRP yield on Uphold signifies a crucial development in XRP’s journey toward becoming an asset fully integrated with DeFi functionalities. While technical limitations have historically limited XRP’s role in yield-bearing protocols, the collaboration between Uphold and Flare Network presents a practical pathway forward. As FXRP becomes more accessible, it will broaden use cases for XRP and potentially attract a new wave of interest from crypto investors seeking passive income strategies.

Related: Expert Advice: Sell XRP If You’re Confused

XRP holders should keep an eye on upcoming updates from Uphold and Flare Network as the beta release nears. This marks not just a milestone for XRP enthusiasts, but also a pioneering moment for merging traditional blockchain assets into innovative DeFi ecosystems.