On Thursday, Uphold announced that they will allow users in Latin America to use cryptocurrency to acquire fractional ownership of the world’s leading companies. Uphold supports dozens of cryptocurrencies, including Bitcoin (BTC). In theory, its users could acquire a stake in Amazon, Apple, Google or Tesla for as little as 10,000 Satoshis. Making U.S. equities affordable to Latin America According to the company’s press release, the new service makes equity investments affordable for millions of people in the region: “Uphold, the leading digital money platform, today launches a groundbreaking equities service that gives millions of people in Latin America easy …

XRP TipBot, a service enabling users to transfer XRP to each other via comments on Twitter, Reddit and Discord, has been saved from the threat of extinction at the hands of new regulations in the Netherlands. In a May 14 blog post, developer Wietse Wind explained that the “personal hobby project” had been at risk due to a registration deadline and vastly increased costs in order to conform to recently passed Anti-Money Laundering (AML) legislation. However, the project has been saved, through a last-minute partnership with digital payment platform Uphold. Regulators and costs looming As Cointelegraph previously reported, the Dutch …

Uphold, a digital money platform providing access to investments and payments using blockchain technology, has announced the expansion of its stablecoin offerings alongside the launch of a “Stablecoin Center.” The Center, according to the announcement, will offer access to six stablecoins in the platform, including four of the most popular in terms of market volume: Tether (USDT), TrueUSD (TUSD), USD Coin (USDC) and DAI. Uphold has also added coins from the Universal Protocol Alliance, such as UPUSD and UPEUR. Writing to Cointelegraph, Uphold’s CEO, JP Thieriot, praised the recent addition of stablecoins: “Stablecoins are inherently less volatile than cryptos being …

Digital payment platform Uphold has announced a new debit card, allowing users to pay with converted crypto, commodities and cash. Uphold’s new multi-asset debit card allows United States-based participants to spend assets held in their Uphold accounts at any Mastercard compatible location, a representative from Uphold told Cointelegraph in an interview. “Anywhere globally where Mastercard is accepted, they will be able to use this debit card,” she said. United States-based customers can now join a waitlist to get the card, which touts compatibility for 24 crypto assets, 27 fiat currencies, and four metals including Bitcoin (BTC), Basic Attention Token (BAT), …

Uphold, a digital money platform providing access to investments and payments using blockchain technology, has announced a partnership with crypto-backed lending company Salt. Together, the two plan to provide users with cash or stablecoin loans using cryptocurrencies as collateral. Uphold’s 1.7 million users can now secure loans through Salt against their holdings in Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Dash (DASH), and XRP. The integration of the two platforms provides enhanced access to liquidity, enabling users to unlock additional value in their crypto holdings. Robin O’Connell, Uphold’s chief revenue officer, told Cointelegraph: “Millions of Uphold users that …

French crypto hardware firm Ledger will provide its technology to American payments startup Uphold to improve security, according to a press release shared with Cointelegraph on May 13. Formerly known as Bitreserve, Uphold will reportedly incorporate Ledger’s institutional custody platform Ledger Vault to boost its anti-hack protection by adding an additional layer of security. J. P. Thieriot, co-founder and CEO of Uphold, said that Ledger Vault integration was mainly driven by customer demand for thorough security measures. According to the press release, the integration of Ledger’s tech will enable a number of key benefits for Uphold, including a multi-authorization governance …

A digital money platform is challenging rivals by offering instant transfers from a greater number of cryptocurrencies, fiat currencies, and commodities – all with the ambition of reducing the seemingly endless costs and fees customers face. According to Uphold, it is free to open an account on its platform and transfer funds from bank accounts – and there are also low costs and no limits attached to sending or receiving money (if it is the same currency) to other Uphold members, whether they are down the street or on the other side of the world. This format is especially useful …