- Flare and Uphold announces a partnership to investigate future XRP yields and Defi access via FXRP.
- XRP Staking is not live yet, but it may be accessible immediately by users via Flare’s Fassets system.
Flare Networks has announced a new partnership with Uphold, a highly renowned Crypto platform for its user-friendly approach. They want to pave the way for XRP holders to earn passive income through the yield function.
This collaboration is a mechanism that allows assets such as XRP to be used in the Defi world without having built-in smart contracts, just as Flare prepares to launch facet systems into MainNet.
Flare 🤝@upholdinc
We are excited to partner with Uphold, one of the first exchanges to explore XRP yields at @flarenetworks!
To prepare for the mainnet launch, this collaboration paves the way for XRPFI, bringing utility and Defi access to Uphold’s active $XRP community.
– Flare☀️ (@flarenetworks) May 30, 2025
Turn XRP into yield generation assets
This feature allows XRP to be wrapped in FXRP, which can be used to immerse and participate in other defi activities on the flare network. So, not only is it stored in your wallet, but the XRP can “work” on its own.
And to support the user, this could be more than just a new feature, but a gateway to new experiences that previously felt a bit complicated. Furthermore, although no exact date has been announced, it is reported that it will begin testing this feature in the near future.
Meanwhile, at the time of press time, FLR will change hands at about 0.01730 dollarstop 4.38% Over the past 24 hours, daily trading volumes are around $9.26 million.
From AI to USDT integration, an increase in flare networks of activity
Meanwhile, CNF previously reported that USDT0 stables can now be used directly in the flare network via Stargate Finance Integration.
Users can transfer USDT from Ethereum and USDT0 to corn from networks such as Arbitrum, Optimism, SEI. This will help the flare ecosystem grow.
Furthermore, since the beginning of 2025, Flair is seen as increasingly diligent in establishing strategic partnerships. In April, they partnered with Encode Club, known as the active developer community. This step is to strengthen the network through technical education and robust data integration.
Encode has also launched a developer education series called The Flare Educate series. At the same time, Nansen and QuickNode also participated as data and verification providers. Therefore, Flare’s current technology foundation is not only strong, but also increasingly solid to promote large-scale use.
Not only that, but last March flare brought surprises when it partnered with Google Cloud with a verifiable AI hackathon event. This event provides space for developers to explore AI and blockchain collaboration. At the time, there were four development paths, ranging from social AI agents to RAG systems and AI-based Defi applications.
Within all of this topic, the new collaboration with Uphold feels like part of the puzzle that is beginning to fall into place together. Flare requires users, and Uphold has an active XRP community base. Meanwhile, XRP users who are somewhat limited beyond transactions are given the opportunity to join the defi space without moving from one network to another.
