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Uphold Launches RLUSD Earn, Offering Up To 7% APY* On Ripple’s US Dollar Stablecoin

Uphold Launches RLUSD Earn, Offering Up To 7% APY* On Ripple’s US Dollar Stablecoin

Photo: BlockTelegraph

Uphold Launches RLUSD Earn, Offering Up to 7% APY* on Ripple’s US Dollar Stablecoin San Francisco, California Customers can now earn up to 7% APY* on RLUSD, a US dollar stablecoin issued by Ripple, through the Uphold app. Earn over 18 times the US national average savings rate.** DeFi-powered yield without the complexity: no external wallet to set up, no private keys to manage and no DeFi platform to navigate. Flexible access with no long-term commitment and no subscription: customers can add more RLUSD or request a withdrawal when they need their funds. Fees apply.

Source: BlockTelegraph

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