Uphold is developing a yield feature for XRP, addressing community interest in passive income opportunities. This initiative is part of a broader effort to enhance XRP's utility beyond traditional payments. Meanwhile, Flare's FXRP is boosting XRP's presence in the DeFi space, offering new avenues for decentralized finance applications.
In a related development, REX-Osprey has launched the first U.S.-listed ETFs for XRP and Dogecoin, providing regulated investment options for these cryptocurrencies. These strategic moves are set to expand XRP's role in both the investment and DeFi ecosystems, reflecting a growing trend towards diversified crypto asset utilization.
Uphold to Introduce Yield Feature for XRP Amid DeFi and ETF Expansion
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
