Uphold launches dollar interest accounts to attract new customers.

according to The Block, the cryptocurrency trading platform Uphold is launching dollar interest accounts with an annual interest rate of up to 5%.

The company's CEO Simon McLoughlin stated that this move aims to attract new customers and incentivize users to hold more capital on the platform. Uphold mentioned that by partnering with Atomic Brokerage, the interest accounts can offer an annual interest rate of up to 5%.