Flare Networks and Uphold have announced a partnership to enable XRP holders to earn passive income through the yield feature.
The collaboration aims to integrate XRP into the DeFi world via the FAssets system on the Flare network.
Uphold users will soon have access to XRP staking through Flare's FAssets system, providing a new way for XRP to be utilized beyond traditional storage.
Flare Networks has been actively increasing partnerships and collaborations, such as with Encode Club and Google Cloud, to strengthen its technical foundation and expand DeFi opportunities.