V2
✨New Features
Earn Feature Launch
We’ve launched Earn, a new feature that enables Rise users to generate passive income directly from their Rise balances.
Earn allows both payers and payees to:
Activate an Earn account within Rise
Convert funds to USDC
Transfer balances from their Rise wallet into Earn
Start earning variable yield immediately
Earn is powered through our partnership with Aave, a leading decentralized liquidity protocol.
Funds in Earn generate yield continuously while held in the account, with rates that vary throughout the day based on market conditions.
Users can now earn on their payroll balances or account funds without needing to manage a separate DeFi account or external platform — everything happens seamlessly within Rise.
Reduced Passkey Friction
To streamline payment and approval workflows:
You now verify your passkey once.
Additional payment or approval actions within a 10-minute window won’t require re-verification.
After the timeout or session expiry, passkey verification will be required again.
This creates a smoother experience while maintaining security.
USDT on More Networks
Users can now receive USDT on:
Optimism
Polygon
Ethereum
Arbitrum
Additionally:
Users can now fund with USDT on Arbitrum using the same address as USDC, simplifying deposits and reducing confusion.
🛠️Improvements & Enhancements
Improved Invite Management
Delete Invite functionality: Team admins can now cancel employee/ contractor invitations sent to the wrong email address or incorrect team.
Fixed an issue where the External Signer toggle was incorrectly visible during Individual Contractor onboarding (now restricted to Business accounts only).
Resolved an admin onboarding issue where the Identification step was skipped if a user logged out and logged back in during identity collection.
Payroll Enhancements
Smarter Payroll Program Handling
Payroll programs are now be disabled when there are no active employees.
Programs will be archived if all employees have been terminated for more than two months.
Performance Improvements
Improved performance and stability of the Payroll Dashboard.
New payroll register report
Allowing Rise and direct payroll customers more detailed information about their payrolls.
Batch Pay
Implemented multiple bug fixes to improve reliability and accuracy of batch payments.
Updated Withdrawal Limits
Daily withdrawal limits are now tier-based.
Limits have been increased to support higher transaction amounts for eligible users.
Clearer Error Messages
Users will no longer see confusing duplicate alerts. Error messaging has been streamlined for better clarity and faster issue resolution.