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ShanayaQueen

06/14 13:54

Uphold’s FXRP Staking Model Could Reshape XRP Rewa

Uphold’s FXRP Staking Model Could Reshape XRP Rewards – If Regulators Allow ItPro-XRP-Lawyer-Fires-Back-at-VanEck-for-Favoritism-During-Ripple-SEC-Lawsuit-768x402.webp

  • 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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