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Uphold's Earn on XRP Feature Nears Completion with 1.6 Billion Token Impact

Guavy AI Editorial Team
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Uphold's long-awaited 'Earn on XRP' feature is nearing completion. According to Paul Underwood, Chief Product Officer at Uphold, the tool will allow users to earn interest on their XRP holdings.

The platform currently holds around 1.62 billion XRP tokens, representing 1.63% of all XRP in circulation worldwide.

To implement this feature, Uphold has had to design workarounds due to the XRP Ledger's lack of native staking capabilities.

The exchange is also addressing legal issues by obtaining New York's strict BitLicense, a clear signal that the new Earn tool will be prepared under U.S. regulators' oversight.

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