- Flare and Uphold announce a partnership to explore future XRP yield and DeFi access via FXRP.
- XRP staking is not live yet, but Uphold users may soon gain access through Flare’s FAssets system.
Flare Networks has announced a new partnership with Uphold, a crypto platform that is quite well-known for its user-friendly approach. They want to pave the way for XRP holders to earn passive income through the yield feature.
This collaboration comes just as Flare is preparing to launch the FAssets system to mainnet—a mechanism that allows assets like XRP to be used in the DeFi world without having to have a built-in smart contract.
Flare 🤝 @UpholdInc
We’re thrilled to partner with Uphold, one of the first exchanges exploring XRP yield on @FlareNetworks!
With FAssets preparing for mainnet launch, this collaboration paves the way for XRPFi, bringing utility & DeFi access to Uphold’s active $XRP community… https://t.co/hh4Jp3J0Gb
— Flare ☀️ (@FlareNetworks) May 30, 2025
Turning XRP Into a Yield-Generating Asset
This feature allows XRP to be wrapped into FXRP, and can then be used for staking or participating in other DeFi activities on the Flare network. So, instead of just being stored in a wallet, XRP can now “work” on its own.
And for Uphold users, this is not just a new feature, but could be the gateway to a new experience that previously felt a bit complicated to reach. Moreover, Uphold reportedly will start testing this feature in the near future, although the exact date has not been announced.
Meanwhile, as of press time, FLR is swapped hands at about $0.01730, up 4.38% over the last 24 hours, with daily trading volume at about $9.26 million.
Flare Network Increases in Activity, From AI to USDT Integration
On the other hand, CNF previously reported that the USDT0 stablecoin can now be used directly on the Flare network via the Stargate Finance integration.
Users can transfer USDT from Ethereum and USDT0 from networks such as Arbitrum, Optimism, Sei, to Corn, without having to worry about bridging or additional fees that often make you think twice. This clearly makes it easier for the Flare ecosystem to grow.
Furthermore, since the beginning of 2025, Flare has been seen to be increasingly diligent in establishing strategic partnerships. In April, they partnered with Encode Club, which is known as an active developer community. This step is to strengthen the network through technical education and more solid data integration.
Encode also launched a developer education series called the Flare Educate Series. At the same time, Nansen and QuickNode also joined as data and validation providers. So, Flare’s current technical foundation is not only strong—but increasingly solid to encourage large-scale utilization.
Not only that, last March Flare also made a surprise by partnering with Google Cloud in the Verifiable AI Hackathon event. This event provides space for developers to explore collaboration between AI and blockchain. There were four development paths at that time, from social AI agents to RAG systems and AI-based DeFi applications.
Amid all this buzz, the new collaboration with Uphold feels like a piece of the puzzle that is starting to fit together. Flare needs users, and Uphold has an active XRP community base. Meanwhile, XRP users, who have been somewhat limited beyond transactions, are being given the opportunity to get involved in the DeFi space without the hassle of moving from one network to another.
