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Flare and Uphold Plan to Unlock Yield Potential for XRP

  • 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.

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