Quick Facts:
- 1️⃣ Uphold has announced its integration with the Exactly Protocol, allowing its customers to earn yield or access credit through their crypto holdings.
- 2️⃣ The service will be launched in Florida and Latin America in December, with expansion to the greater US in Q1 2026.
- 3️⃣ Uphold will support and expand the utility of several cryptocurrencies, including $BTC, $XRP, $ETH, and $USDC.
- 4️⃣ Similarly, Bitcoin Hyper will unlock $BTC’s utility to include staking, trading, and interacting with dApps.
Uphold, a fintech company offering on-chain finance solutions, yesterday announced that it will integrate with the Exactly Protocol. This will enable its customers to earn yield or access credit through their cryptocurrencies, such as XRP ($XRP) and Bitcoin ($BTC).
Launching in December, the service will initially be available in Florida and Latin America. Further expansion in the US is planned in Q1 2026.
The service is set to increase the utility of major cryptocurrencies aside from merely being a store of value. This is similar to Bitcoin Hyper ($HYPER), a project that aims to expand $BTC’s utility via its Layer-2 network.
Uphold to Simplify Borrowing vs Traditional Banks
In a post on X, Uphold quoted its CEO, Simon McLoughlin, who says that its integration with the Exactly Protocol will enable customers to borrow against or earn yield on their digital assets, ‘any time, without credit checks, at lower rates than traditional banks.’
Through this service, customers will be able to get more out of their crypto holdings, according to McLoughlin in a statement on Business Insider. That’s because they’ll be able to unlock more value out of their digital assets a
Go to Source to See Full Article
Author: Bogdan Patru
