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.
