XRP-Based Loans to Launch in December, Ethereum to $5,000, Western Union to Introduce Solana-Based Stablecoin — Crypto News Digest

Uphold to launch digital asset-backed loans starting December

U.S.-based crypto firm Uphold has proposed crypto loans in XRP, ETH, USDC and BTC.

  • Service rollout. Uphold announced plans to introduce digital asset-backed loans in December, beginning with a Florida launch.

On October 28, Uphold revealed plans to launch digital asset-backed loan services beginning in December, starting with a Florida rollout. The initiative, highlighted by crypto commentator Chad Steingraber on X, will allow users to borrow against XRP, Ethereum ETHUSD, Bitcoin BTCUSD, and USD Coin (USDC). 

The move comes amid renewed confidence in the crypto market and is expected to boost the practical use cases of major cryptocurrencies, potentially driving price…

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