thecryptobasic.com
Uphold, one of the largest U.S.-based crypto exchanges, has once again stirred excitement among $XRP holders.
In a tweet, the exchange stated that $XRP is not just held; it’s used, earned, and compounded. The statement strengthens Uphold’s reputation as a leading exchange championing real-world utility and rewards for the $XRP community.
From Loyalty to Utility
For years, Uphold has been recognized as the “$XRP exchange,” managing more than $6 billion worth of $XRP — over ten times the amount of Bitcoin held on its platform.
$XRP Cashback Program Rewards Users
In September, Uphold unveiled one of its most practical reward systems. Specifically, it involved a Direct Deposit Cashback Program that pays users 4% in $XRP for receiving salary deposits into their Uphold accounts.
The program is open until December 31, 2025, and allows eligible U.S. users to earn $XRP on deposits of $250 or more. The rewards have a cap of $200 per month for early participants who joined by June 30.
However, the cap is $500 per month for those who enrolled after July 1. Uphold pays this cashback in $XRP within seven business days after the end of each month.
Notably, this campaign enables users to automatically accumulate and compound their $XRP holdings over time, turning routine income into digital asset growth.
A Step Closer to $XRP Yield
Meanwhile, Uphold’s renewed focus on earning and compounding $XRP has stirred discussions about its upcoming $XRP yield service, which the exchange said in September was “closer than ever” to launching.
The feature will allow users to generate passive income directly from their $XRP balances, further expanding the asset’s utility beyond trading and payments.
This initiative aligns with $XRP’s push into decentralized finance. Through the Flare Network’s FAssets protocol, $XRP holders can now mint FXRP. Notably, this is a tokenized version of $XRP for lending, trading, and staking.
Turning Loyalty Into Long-Term Rewards
Notably, Uphold’s latest campaign builds on a long history of rewarding $XRP supporters. Past initiatives include a $50,000 $XRP giveaway during $XRP Vegas 2025, a ZBCN airdrop for users holding at least 25,000 $XRP, and the exclusive early release of Uphold Vault for $XRP holders in late 2023.
Now, with its direct deposit cashback program and the anticipated yield product, Uphold is transforming $XRP ownership into an active, compounding financial experience.
Ultimately, Uphold’s statement confirms that $XRP is more than just something to hold. It’s becoming an asset that actively benefits its holders.