Uphold has introduced a sweeping upgrade to its financial ecosystem, positioning itself as a true XRP-centered alternative to traditional banking. The announcement was shared by crypto enthusiast and XRP advocate Diana (@InvestWithD).
She posted an interview video featuring Uphold U.S. President Nancy Beaton with Jake Claver. In the discussion, Beaton detailed several products designed to let users earn, borrow, and spend while keeping their XRP holdings intact.
The platform now allows customers to earn up to 10% monthly cashback in XRP, access DeFi-based loans using XRP as collateral, and earn interest on U.S. dollar balances with full FDIC insurance coverage. The rollout represents one of the most significant steps yet by a U.S. company toward incorporating XRP into mainstream financial products.
🚨BREAKING: Uphold Just Launched the Ultimate XRP Banking System — 10% Cashback, XRP Loans, and a Digital Dollar 💥
In a new interview with Jake Clever (@beyond_broke), Uphold’s U.S. President Nancy Beaton (@beatonboulder) revealed that they’re basically turning @UpholdInc into… pic.twitter.com/cpdje0bxwC
— Diana (@InvestWithD) November 9, 2025
Earning XRP Through Everyday Spending
Uphold’s revamped debit card is at the center of this shift. Beaton explained that users can now receive “up to 6% back” on all card purchases without category restrictions, with an additional “up to 4% back in XRP” for those who set up direct deposit.
The system applies to purchases made with crypto, fiat, or stablecoins, offering a seamless link between digital assets and daily spending. By rewarding customers directly in XRP, Uphold strengthens practical use of the digital asset in payments and consumer transactions.
It also gives XRP holders an incentive to route income and spending through the platform, tightening the asset’s connection to real-world finance.
Borrowing and Earning Without Selling XRP
Uphold is extending its XRP utility further through a partnership with EXA Protocol, expected to launch before the end of the year. The integration introduces decentralized lending and borrowing to the platform, allowing users to earn yield or access credit while maintaining their XRP exposure.
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Borrowers can use XRP as collateral and receive a credit card to spend against their holdings. This setup keeps users’ assets working for them while offering liquidity without requiring liquidation, an approach not previously available on a major U.S. platform for XRP.
A Complete XRP-Driven Financial Model
For those holding fiat currency, Uphold now offers 4% interest on U.S. dollar balances. Beaton noted that these accounts are “FDIC insured” up to $2.5 million by distributing deposits across multiple banks. She said this rate surpasses what most U.S. banks currently offer, while funds remain instantly available for trading or withdrawals.
Uphold’s new yield, borrowing, and cashback features deepen XRP’s real-world utility. By integrating XRP into payments, credit, and savings, the platform evolves from the exchange that “never delisted XRP” into a full XRP-centered financial system.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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