ShanayaQueen
06/14 13:54

Uphold plans to offer XRP staking by creating wrapped FXRP on the Flare network.
U.S. regulations may delay the rollout due to Howey Test concerns.
A global beta launch is expected soon, targeting markets with fewer legal barriers.
Uphold is exploring a bold new way to bring staking to XRP and it could change the game for holders of the token. The plan: Use the Flare network’s DeFi capabilities to make XRP staking possible, even though XRP doesn’t support staking on its own.
With over 10 million users in 140+ countries, Uphold CEO Simon McLoughlin says the platform is getting ready to test a system that could let users earn yield from XRP through a clever workaround. But in the U.S., regulatory challenges could slow things down.
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