Financial platform Uphold will launch the Exa Visa card, an XRP-backed credit product that allows holders to obtain liquidity without liquidating their cryptocurrency. Introduced by Nancy Beaton, President of Uphold US, this solution uses the Exactly Protocol decentralized finance (DeFi) protocol to enable users in eligible states to borrow using XRP tokens as collateral.
Hold your XRP. Unlock your spending power 💳
Uphold’s U.S. President Nancy Beaton breaks down how the Exa Credit Card, powered by @ExactlyProtocol, lets you put your $XRP up as collateral and choose a payment plan that works for you.
Watch full breakdown ↓
Now available in… pic.twitter.com/P6ZDU105Xe
— Uphold (@UpholdInc) August 6, 2026
This launch represents an advancement for XRP’s real-world utility in daily commerce, allowing long-term investors to finance everyday expenses without losing exposure to market growth. However, as collateralized loans, XRP price volatility carries the risk of margin calls if the price drops sharply.
This development consolidates the integration between traditional finance and DeFi infrastructure. Moving forward, Uphold will seek to expand the Exa card’s adoption and functionality as user response is evaluated in enabled markets.
Source: https://x.com/UpholdInc/status/2085403206964621483
Disclaimer: Crypto Economy Flash News items are prepared from official and public sources verified by our editorial team. Their purpose is to inform quickly about relevant events in the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We recommend always verifying the official channels of each project before making decisions.
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