Uphold, a cryptocurrency exchange, recently integrated the RLUSD stablecoin into its trading platform. This step is expected to increase Ripple’s market presence and drive the stablecoin's adoption.
As part of the launch, Uphold is offering a 5% rewards program to users who engage with RLUSD. In a recent podcast, Uphold CEO Simon Mcloughlin discussed these strategic initiatives, emphasizing the benefits of listing RLUSD and the associated reward program.
These moves are designed to attract more traders and enhance the platform's overall appeal, while simultaneously promoting products linked to Ripple, a prominent name in the FinTech sector.