Nexo expands 0% credit to SOL, XRP, becoming first mover in crypto

1 month ago 12

Rommie Analytics

  • Nexo adds SOL, XRP to its 0% APR crypto-backed credit product.
  • ZiC lets users borrow at 0% interest with no liquidation risk.
  • Over 30% of Nexo loans now use non-BTC, ETH collateral.

Nexo has expanded its Zero-interest Credit (ZiC) offering to include Solana (SOL) and Ripple (XRP) as eligible collateral, marking what it says is an industry first for zero-interest, no-liquidation lending backed by these assets.

The move broadens access to interest-free borrowing beyond Bitcoin (BTC) and Ethereum (ETH), which previously dominated the platform’s collateral base.

The announcement comes as crypto-backed lending continues to evolve, with platforms seeking to attract a wider investor base by offering more flexible borrowing structures tied to digital assets.

Expansion beyond Bitcoin and Ethereum

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