Cryptocurrency platform Uphold has added support for the Universal Dollar (UPUSD), a stablecoin issued by the Universal Protocol Alliance.
Uphold, formerly Bitreserve, is a cloud-based financial services platform enabling users to convert deposits to their account via bank account, credit card,
Cryptocurrency platform Uphold, in partnership with blockchain lending platform Cred, will be releasing two consumer finance products using blockchain technology.
The first product, Uphold Earn, will function like a traditional banking product and will allow customers to earn interest on Universal Dollar (UPUSD),
The Universal Protocol Alliance is launching a stablecoin that is collateralized 1-to-1 with US dollars.
Formed earlier this year, the Universal Protocol Alliance is a coalition of cryptocurrency companies and blockchain pioneers, including Uphold, Brave Software, Cred, Blockchain at Berkeley and FBG Capital.
