San Francisco, California — Uphold, the infrastructure provider for on-chain finance, today launched RLUSD Earn, giving customers a simple way to earn up to 7% APY* on RLUSD, the US dollar stablecoin issued by Ripple, directly through the Uphold app. According to the company, the potential yield is more than 18 times the US national average savings rate.**

The feature is designed to deliver DeFi-powered yield without the complexity that usually comes with it: there is no external wallet to set up, no private keys to manage and no DeFi platform to navigate. Access is flexible, with no long-term commitment and no subscription — customers can add more RLUSD or request a withdrawal whenever they need their funds. Fees apply.

For many customers, stablecoins sit in an account earning little to nothing. DeFi lending can put those balances to work, but getting there has typically meant setting up an external wallet, managing private keys and moving funds across bridges. Uphold says RLUSD Earn removes all of that complexity: customers only need to choose how much RLUSD to put to work, and everything else is managed through the Uphold app they already use.

The launch reflects a broader shift in consumer crypto products, where DeFi lending markets are wrapped in familiar app-based interfaces so the wallets, keys and bridges that once kept casual users out of yield markets stay out of sight.

Under the hood, Uphold gives customers access to a lending market curated by Sentora, on Morpho. Morpho is a decentralized lending protocol in which smart contracts match lenders with borrowers directly, so interest rates emerge from supply and demand rather than from a central intermediary setting them. When borrowers pay interest to borrow RLUSD, that interest generates the yield, which means the rate moves with borrowing demand.

"Your RLUSD could be doing more," said Simon McLoughlin, CEO of Uphold. "The average US savings account pays well under half a percent, and most crypto yield platforms ask you to learn wallets and protocols before you earn anything. RLUSD Earn gives customers a much higher rate on a stablecoin from a name they know, through the app they already use, with nothing to set up."

RLUSD is issued by Ripple under a New York Department of Financial Services limited-purpose trust charter and is backed 1:1 by US dollar reserves, which are checked every month by an independent accounting firm. Ripple introduced the stablecoin in December 2024. Stablecoins are blockchain tokens pegged to fiat currencies and are widely used to settle trades, payments and cross-border transfers without routing funds through traditional banking channels. Because RLUSD is designed to hold its value against the US dollar, customers can earn without taking on crypto price swings. Uphold emphasizes, however, that RLUSD Earn is not a bank deposit, is not FDIC insured, and the balance can fall.

"RLUSD Earn is for people who want an easier way to earn a better return on their stablecoins," said Nancy Beaton, President, Uphold Consumer. "There's no subscription and no long-term commitment and customers can see their balance and earnings daily in the app."

Getting started takes only a few taps: users open Earn in the Uphold app, select RLUSD, then buy RLUSD with cash or move RLUSD they already hold. Customers can check the current APY as it changes and see what they are earning, and a withdrawal can be requested quickly and easily.

RLUSD Earn is available on the Uphold mobile app for iOS and Android in eligible US states and other countries; the full list of eligible locations is published at

Rates and Important Disclosures

*Up to 7% APY, variable, as of October 29, 2026. Rates move with borrowing demand, so what customers earn will vary, and actual returns may differ materially from the APY shown. This is not a bank deposit, it is not FDIC insured, the balance can fall, returns are variable and not guaranteed, and yield is paid by the protocol, not Uphold. This is lending, and it carries risk of loss.

**The comparison is based on the FDIC's national average savings account rate of 0.38% APY as of September 2026. Uphold's rate is variable and expressed as "up to," so the comparison will change as either rate moves.

Participation in RLUSD Earn is voluntary and at your own risk. RLUSD Earn operates through decentralized finance (DeFi) protocols, and neither Uphold nor Sentora is responsible for any changes, security breaches, or other incidents relating to such protocols. Uphold acts solely at a customer's direction and does not control or manage the protocols. At the customer's direction, assets move off the Uphold platform and are held within the protocol's smart contracts; once moved, to the maximum extent permitted by law, Uphold no longer has any responsibility or liability for those assets.

Any strategies made available in RLUSD Earn are provided by Sentora solely as automated, non-custodial smart-contract functions and do not constitute financial products, investment management, or advisory services. Sentora does not guarantee any performance or outcomes, does not assume any fiduciary or custodial duties, and should not be relied upon for any financial decision or expectation of return. Sentora provides only technical and algorithmic functionality and does not provide legal, tax, accounting, security, investment, portfolio or asset management, or any other regulated financial services under applicable law. At no time does Sentora have custody, possession, or control over any digital assets or other assets in RLUSD Earn.

All returns are paid by the protocols. Returns and performance are variable, depend on protocol activity, and are not guaranteed by Uphold. Returns may include limited-time incentives. Past performance does not guarantee future results. Users must have a sufficient understanding of, and accept the inherent risks associated with, digital assets, distributed ledger technology, decentralized software systems and participation in DeFi protocols and related activities, and agree that, to the maximum extent permitted by law, neither Sentora nor Uphold shall have any responsibility or liability for any losses, including complete loss of assets or any indirect, incidental, punitive, economic, or consequential damages, however caused. Terms and RLUSD Earn-specific disclaimers are available at and

About Uphold

Uphold is a financial technology company that believes on-chain services are the future of finance. It provides modern infrastructure for on-chain payments, banking and investments. Offering Consumer Services, Business Services and Institutional Trading, Uphold makes financial services easy and trustworthy for millions of customers in more than 140 countries.

Uphold integrates with more than 30 trading venues, including centralized and decentralized exchanges, which the company says delivers superior liquidity, resilience and optimal execution. Uphold never loans out customer assets, except at customer request, and is always 100% reserved. The company pioneered what it calls radical transparency and uniquely publishes its assets and liabilities every 30 seconds on a public website at

Uphold is regulated in the U.S. by FinCen and state regulators, and is registered in the UK with the FCA and in Europe with the Bank of Portugal. Securities products and services are offered by Uphold Securities, Inc., a broker-dealer registered with the SEC and a member of FINRA and SIPC. More information about Uphold's products and services is available at

Media Contact: Marc Sparrow, Eureka Box — marc@eurekabox.net