In the fast-moving cryptocurrency market, where exchanges can rise or crumble overnight, reputation is one of the most valuable assets. Platforms that remained steadfast through regulatory storms didn’t just keep trading lines open—they proved their commitment to customers . Uphold’s appearance on the list of top XRP holders reflects that commitment. Far from a marketing ploy, it signals a history of standing firm when others wavered. Simon McLoughlin Clarifies the Numbers Uphold CEO Simon McLoughlin recently addressed the exchange’s presence among the largest XRP holders. In a statement on X, McLoughlin explained that while on-chain data shows Uphold with massive XRP balances, those tokens “belong to our customers, not us.” He emphasized that Uphold’s position is custodial, not speculative, describing the platform’s XRP holdings as “built on trust, not hype.” This distinction underscores a broader point: aggregated wallet data often reflects client funds stored in exchange-controlled addresses, not corporate ownership. You’ll see @UpholdInc listed among the biggest $XRP holders. But those assets belong to our customers, not us. People remember who stood strong in difficult times. This “holding” is built on trust, not hype. Big difference. pic.twitter.com/RoB8SBN2CF — Simon McLoughlin (@SMcLoughlin00) September 14, 2025 Custody Versus Corporate Treasury Transparency reports released by Uphold back up McLoughlin’s statement. The company publishes proof-of-reserves data showing that XRP assets match customer liabilities on a one-to-one basis. This practice helps dispel confusion created when blockchain explorers label exchange wallets as if they were personal hoards. In reality, these are pooled customer deposits that the platform safeguards on behalf of millions of account holders. Standing by XRP During the SEC Fight Uphold’s credibility was forged during one of XRP’s most challenging periods: the U.S. Securities and Exchange Commission’s lawsuit against Ripple. Beginning in late 2020, many exchanges delisted or suspended XRP trading to avoid potential regulatory fallout. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Uphold took a different path, keeping XRP available to its users throughout the legal battle. The decision, informed by legal counsel and a commitment to customer service, became a hallmark of the company’s resilience and earned lasting respect from the XRP community. Market Impact and User Confidence Independent blockchain trackers show that Uphold now secures more than a billion XRP tokens for its customers, placing it among the network’s largest custodians. Such depth provides critical liquidity, allowing traders and long-term holders to execute large orders without destabilizing the market. For users, the real story is not the size of Uphold’s holdings but the assurance that their assets remain accessible and protected, even when markets or regulators turn volatile. Trust as the Ultimate Metric McLoughlin’s message is clear: Uphold’s prominence on XRP rich lists is a testament to customer trust and the platform’s transparent custodial model. In an industry where hype can outpace substance, Uphold’s steady approach—anchored in proof-of-reserves reporting and unwavering support during the SEC dispute—has reinforced its standing as a reliable partner for XRP holders worldwide. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Uphold CEO: You’ll See Uphold Listed Among Biggest XRP Holders appeared first on Times Tabloid .
