Uphold Prepares Massive XRP Earn Feature Covering Billions

Uphold, a cryptocurrency trading platform, is preparing to launch an XRP Earn feature that could cover up to 1.62 billion XRP in customer holdings.

The company's Chief Product Officer, Paul Underwood, confirmed the product has reached the final stages of development and expects to provide additional information within several weeks, including terms and interest rates.

This planned service differs from conventional staking products available for assets like Ethereum and Solana because the XRP Ledger does not use a proof-of-stake consensus model.

Uphold has not publicly confirmed which mechanism it will use to generate returns for customers or disclosed the providers that may be involved, leaving the final product terms particularly important for customers.