Nexo expands zero-interest lending to Solana and Ripple, claiming industry first for no-liquidation loans
Nexo has broadened its Zero-interest Credit (ZiC) product to accept Solana (SOL) and Ripple (XRP) as eligible collateral, calling the move an industry first for zero-interest, no-liquidation lending backed by these tokens. The update extends interest-free borrowing beyond Bitcoin and Ethereum, widening access to borrowers who want liquidity without selling alternative crypto holdings.
Why it matters
- Bitcoin and Ethereum still dominate Nexo’s collateral mix, accounting for roughly 70% of total collateral volume, but the platform says over 30% of loans are now secured by alternative assets. SOL and XRP lead that segment, prompting the ZiC expansion.
- Nexo frames the rollout as meeting shifting user preferences for diversified collateral and non-dilutive liquidity solutions.
How ZiC works
ZiC allows users to borrow stablecoins at 0% APR over a fixed term with no forced liquidations during the loan period. Repayment terms are predefined and visible at the outset, offering borrowers predictability compared with many traditional crypto loans.
New SOL/XRP parameters
- Loan-to-value (LTV) for SOL and XRP-backed ZiC loans: 30%
- Minimum collateral: 100 SOL or 5,000 XRP
Those terms keep the core promise intact: unlock cash without selling your crypto and avoid liquidation risk while the loan is in force.
Early traction
Nexo reports more than $170 million in total ZiC loan volume to date, a 66% borrower renewal rate and an average of four renewals per user. The company also says more than half of borrowed funds remain on the platform, suggesting many users are leveraging liquidity for additional activity within Nexo’s ecosystem.
Nexo’s take
“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,” said Elitsa Taskova, Nexo’s Chief Product Officer.
Broader context
The move arrives amid rising institutional acceptance of crypto-collateral financing: in March 2026 US mortgage agency Fannie Mae began accepting crypto-backed mortgages that allow borrowers to pledge Bitcoin rather than liquidate it. Nexo positions ZiC as part of a wider trend toward liquidity solutions that let investors retain upside exposure while meeting cash needs.
What to watch
Adoption among SOL and XRP holders, borrower behavior around renewals, and whether other lenders roll out comparable zero-interest, no-liquidation products will determine if this becomes a broader market standard or remains a competitive differentiator for Nexo.
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