Customers can now earn up to 7% APY* on RLUSD, a US dollar stablecoin issued by Ripple, through the Uphold app.
San Francisco, November 4, 2026
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Customers can now earn up to 7% APY* on RLUSD, a US dollar stablecoin issued by Ripple, through the Uphold app.
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Earn over 18 times the US national average savings rate.**
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DeFi-powered yield without the complexity: no external wallet to set up, no private keys to manage and no DeFi platform to navigate.
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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.
Uphold, the infrastructure provider for on-chain finance, today launches RLUSD Earn. Customers now have a simple way to earn up to 7% APY* on RLUSD, a US dollar stablecoin issued by Ripple, through the Uphold app. The potential yield on RLUSD is more than 18 times the US national average savings rate.**
For many customers, stablecoins sit in an account earning little to nothing. DeFi lending can put them to work, but getting there has usually meant setting up an external wallet, managing private keys and moving funds across bridges. Uphold’s RLUSD Earn removes all 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.
Uphold gives customers access to a lending market curated by Sentora, on Morpho. When borrowers pay interest to borrow RLUSD, that interest generates the yield, so the rate moves with 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 backed 1:1 by US dollar reserves, which are checked every month by an independent accounting firm. Because RLUSD is designed to hold its value against USD, customers earn without taking on crypto price swings. It is not a bank deposit, it 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: open Earn in the Uphold app, select RLUSD, then buy RLUSD with cash or move RLUSD already held. Customers can check the current APY as it changes and see what they’re earning. A withdrawal is quick and easy to request.
RLUSD Earn is available on the Uphold mobile app for iOS and Android in eligible US states and other countries. See here for the full list.
*Up to 7% APY, variable, as of October 29, 2026 Rates move with borrowing demand, so what you earn will vary. Actual returns may differ materially from APY shown. Not a bank deposit. Not FDIC insured. Your balance can fall. Returns variable, not guaranteed. Paid by the protocol, not Uphold. This is lending, and it carries risk of loss.
**Based on the FDIC’s national average savings account rate of 0.38% APY as of September 2026. Uphold’s rate is variable and ‘up to’; this 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 your direction and does not control or manage the protocols. At your 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 these 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 shall 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 and depend on the 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 and accept the inherent risks associated with digital assets, distributed ledger technology, decentralized software systems and the use of or participation in decentralized finance (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. See Terms and RLUSD Earn specific disclaimers here.
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, to deliver superior liquidity, resilience and optimal execution. Uphold never loans out customer assets, except at customer request, and is always 100% reserved.
The company pioneered radical transparency and uniquely publishes its assets and liabilities every 30 seconds on a public website (https://uphold.com/en-us/transparency).
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.
To learn more about Uphold’s products and services, visit uphold.com.
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