Nexo Expands Zero-Interest Credit to Include SOL and XRP
Nexo, a leading platform in the digital asset wealth management sector, has announced the inclusion of Solana’s SOL and Ripple’s XRP as eligible collateral for its Zero-interest Credit (ZiC) service. This development positions Nexo as the first platform to provide 0% APR, no-liquidation lending for these two assets, adding to its existing options of Bitcoin (BTC) and Ethereum (ETH) collateral.
A Revolutionary Lending Solution
Recognized as the “Consumer Lending Product of the Year” at the FinTech Breakthrough Awards in March 2026, the ZiC program allows cryptocurrency holders to obtain liquidity in stablecoins at no interest through fixed-term agreements. This offering eliminates the risk of unexpected liquidations and provides borrowers with a clear repayment schedule from the outset. Since its inception, ZiC has facilitated over $170 million in loans, boasting a 66% renewal rate among borrowers, with users averaging four renewals each. Notably, over half of the funds generated from ZiC remain within the Nexo ecosystem, indicating that users are leveraging liquidity while continuing to hold their investments.
Responding to Market Demands
The addition of SOL and XRP collateral reflects Nexo’s commitment to adapt to the changing landscape of crypto collateralization on its platform. Currently, Bitcoin and Ethereum account for about 70% of the overall collateral volume, mirroring their significant presence in the broader digital asset market. Interestingly, more than 30% of loans on Nexo are secured with assets outside of BTC and ETH, with SOL and XRP leading this emerging category.
Vision for the Future of Lending
Elitsa Taskova, Chief Product Officer at Nexo, stated, “Nexo has always believed in being where the market is going, not where it already is. Zero-interest Credit set a new standard for Bitcoin and Ethereum holders, and expanding it to Solana and Ripple is the logical next step, one we are taking before anyone else.” The ZiC program, now available for SOL and XRP, operates at a loan-to-value ratio (LTV) of 30%, requiring a minimum collateral of 100 SOL or 5,000 XRP. The fundamental benefit of borrowing at 0% interest while remaining invested, without the risk of liquidation, remains unchanged.
Crypto-Backed Lending Gains Traction
The expansion of ZiC comes at a time when crypto-backed lending is garnering more recognition from traditional financial institutions. For instance, in March, Fannie Mae, a U.S. government-backed mortgage agency, became the first to accept mortgages backed by cryptocurrency collateral, allowing homebuyers to use Bitcoin as security without needing to liquidate their holdings. This aligns perfectly with the principle behind ZiC, which caters to borrowers seeking liquidity without the need to exit their positions in cryptocurrencies. As demand for such services grows beyond just Bitcoin and Ethereum, the extension of ZiC to accommodate SOL and XRP is a strategic response to this trend.
About Nexo
Nexo is a leading digital asset wealth platform tailored to assist clients in growing, managing, and safeguarding their cryptocurrency investments. The platform’s mission focuses on pioneering the next wave of wealth generation by prioritizing customer success and offering customized solutions that create lasting value, supported by continuous client service. Since its establishment in 2018, Nexo has provided exceptional opportunities to innovative clients across over 199 jurisdictions. With assets under management exceeding $8 billion and more than $403 billion processed, Nexo delivers significant value to millions globally. Its comprehensive platform merges advanced technology with a customer-centric approach, providing high-yield flexible and fixed-term savings, crypto-backed loans, sophisticated trading tools, and liquidity solutions, including the first crypto debit/credit card. Nexo’s foundation rests on extensive industry expertise, a sustainable business model, robust infrastructure, stringent security measures, and global licensing, underscoring its commitment to innovation and enduring prosperity.
