Uphold to Launch XRP and BTC Lending Services, Boosting Crypto Utility and Access
Uphold to Launch XRP and BTC Lending Services, Boosting Crypto Utility and Access
Uphold has announced a strategic integration with Exactly Protocol to introduce a new service allowing customers to earn yield or access credit using their cryptocurrency holdings. The initiative, set to launch in December for Florida and Latin America, will initially support XRP and BTC, with a broader US expansion planned for Q1 2026. This move aims to significantly enhance the utility of these digital assets within the Uphold ecosystem.
Uphold to Debut XRP, BTC Loan and Yield Services via Exactly Protocol
In a significant move to expand cryptocurrency utility, Uphold has revealed its integration with the Exactly Protocol. This partnership will enable Uphold's customers to leverage their existing crypto holdings to either earn yield or access credit.
The new service is slated for a December launch, initially targeting users in Florida and various regions across Latin America. Looking ahead, Uphold plans to extend the service's availability to the wider United States market during the first quarter of 2026.
Key digital assets that will be supported at the outset include XRP and Bitcoin (BTC). The announcement highlights the potential for these services to boost the overall utility and accessibility of these cryptocurrencies, with a particular emphasis on fostering financial innovation within the crypto space. The news also alluded to significant growth prospects, including mentions of 'Bitcoin Hyper’s 10x Potential,' underscoring a bullish outlook on the future applications of digital assets.