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In an interesting move, Uphold's CEO, <a href="https://twitter.com/UpholdInc/status/1692989863786639751?s=20" rel="noopener noreferrer nofollow">Simon McLoughlin</a>, highlighted the company's enduring commitment to the XRP community, shedding light on the safety of funds and the paramount importance of transparency. 
In a recent interview, McLoughlin disclosed that Uphold has experienced remarkable inflows of funds from retail crypto investors, with a notable emphasis on XRP-related transactions. Surprisingly, despite market predictions indicating outflows, the platform has witnessed substantial inflows. McLoughlin attributed this success to Uphold's steadfast support for the <a href="https://u.today/xrp-aims-for-200-ema-breakthrough-but-can-it-happen" rel="noopener noreferrer nofollow">XRP</a> community, a risk that has proven fruitful over two years. 
<blockquote class="twitter-tweet"> 
 Uphold CEO Simon McLoughlin explains why the <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> community continues to stand by Uphold after the SEC ruling.▪️ Uphold's loyalty to XRP▪️ Trust &amp; Transparency▪️ 100% Reserved▪️ Security🎥 Watch the full interview with <a href="https://twitter.com/cryptolewlew?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@cryptolewlew</a>: <a href="https://t.co/xqFMVODT1B" rel="noopener noreferrer nofollow">https://t.co/xqFMVODT1B</a> <a href="https://t.co/YuCLyEPJi0" rel="noopener noreferrer nofollow">pic.twitter.com/YuCLyEPJi0</a>— Uphold (@UpholdInc) <a href="https://twitter.com/UpholdInc/status/1692989863786639751?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 19, 2023</a> 
</blockquote> 
The CEO underscored transparency as a key driver behind Uphold's recent achievements. He declared that Uphold is unrivaled in its sector, providing an up-to-the-minute reserve status update every thirty seconds. This real-time transparency has emerged as a cornerstone of the platform's appeal. 
<h2 id="proof-of-reserves">Proof of reserves</h2> 
As evidenced by the current statistics showcased on Uphold's <a href="https://uphold.com/transparency" rel="noopener noreferrer nofollow">website</a>, every asset within the platform maintains impressive 101.9% collateralization, with liabilities totaling $1.9 billion and corresponding reserves amounting to $1.936 billion. Notably, Uphold's <a href="https://u.today/xrp-reverts-to-historical-opportunity-zone-per-this-indicator" rel="noopener noreferrer nofollow">XRP</a> holdings boast liabilities of $1.233 billion, meticulously backed by corresponding reserves. The data highlights that transactions involving <a href="https://u.today/xrp-bulls-need-this-important-move-to-spring-to-action" rel="noopener noreferrer nofollow">XRP</a> contribute significantly, accounting for 28.41% of the platform's total turnover. 
The platform's visionary approach has for sure garnered substantial attention, setting it apart as a promising player in the ever-evolving landscape of digital finance. In a landscape often riddled with uncertainties, Uphold's resolute affirmation of <a href="https://u.today/xrp-price-plunges-as-sec-moves-to-appeal-ripple-ruling" rel="noopener noreferrer nofollow">XRP</a> and its pioneering transparency initiatives signal a promising direction for the crypto industry.

Full XRP Support and Reserves Confirmed by Major Platform's CEO

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