Crypto-backed lending is evolving beyond Bitcoin and Ethereum. This week, Nexo announced that holders of Solana’s SOL and XRP can now access its Zero-interest Credit (ZiC) product — making Nexo the first platform to offer 0% APR crypto-backed borrowing using either asset as collateral.
Until now, the lending product was only available to Bitcoin and Ethereum holders.
The expansion reflects a broader shift happening across crypto markets: investors increasingly want access to liquidity without having to sell their positions, and that demand is no longer limited to BTC or ETH alone.
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Borrow Against SOL and XRP Without Selling
Nexo’s ZiC product is structured differently from traditional…
