According to a post on X, the company is currently testing staking options via the Flare Network, marking a notable shift toward DeFi integration for the popular token.
“Welcome to the world of smart contracts and DeFi opportunities, #XRPArmy,” Uphold wrote. “Stay tuned for the beta.”
The move comes as Flare Network’s total value locked (TVL) recently surged, driven by the introduction of USDT0—a cross-chain version of Tether’s USDT stablecoin.
Leveraging Flare’s smart contract capabilities could open the door to new on-chain financial tools for XRP, which has traditionally lacked native staking or smart contract support.
In addition to staking, Uphold revealed plans to relaunch its crypto debit card in the United States. Previously limited to the UK, the card will be available in both physical and virtual formats, enabling users to directly spend digital assets from their Uphold wallets.
The two-pronged update signals Uphold’s intent to deepen its ecosystem offerings for both XRP holders and broader crypto users, blending yield generation with real-world utility.
The post Uphold to Enable XRP Staking, Relaunches U.S. Crypto Card appeared first on Coindoo.
