The cryptocurrency wealth-management platform Nexo has announced the expansion of its pioneering Zero-interest Credit (ZiC) product to the Solana and Ripple ecosystems.
According to a press release provided to CryptoPotato, holders of Solana (SOL) and XRP can now pledge their assets as collateral for ZiC. The product offers a 0% annual percentage rate (APR) and guarantees no forced liquidations during the loan term. Extending ZiC to SOL and XRP broadens the product’s availability to a wider range of crypto investors.
Nexo Expands ZiC to SOL and XRP
Nexo’s ZiC allows crypto holders to access stablecoin liquidity with no interest across a fixed-duration term. The product eliminates the risk of premature or forced liquidation: borrowers cannot be liquidated during the agreed loan period. Repayments are fully predefined from the start, providing clarity and predictability for users. Nexo reports that the offering won the Consumer Lending Product of the Year award at the FinTech Breakthrough Awards in March 2026.
Prior to this expansion, ZiC accepted bitcoin (BTC) and Ether (ETH) as collateral. With BTC and ETH support, ZiC generated over $170 million in total loan volume, achieved a 66% borrower renewal rate, and averaged four renewals per user. Nexo also notes that at least half of ZiC proceeds remain on its platform, indicating that many users remain invested while accessing liquidity.
Elitsa Taskova, Nexo’s chief product officer, said: “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 Rising Adoption of Crypto-collateralized Loans
Beyond ZiC, BTC and ETH together represent roughly 70% of collateral volume across Nexo’s broader lending platform. The remaining 30% of crypto-collateralized loans are backed by other assets, with SOL and XRP among the leading alternatives. Given that distribution, opening ZiC to SOL and XRP holders aligns with existing demand on the platform.
The SOL and XRP ZiC options will use a 30% loan-to-value (LTV) ratio. Minimum deposits are set at 100 SOL or 5,000 XRP.
This expansion arrives as crypto-backed loans gain wider acceptance in traditional finance. For example, the U.S. government-sponsored mortgage agency Fannie Mae recently began accepting crypto-collateralized mortgages, enabling some homebuyers to pledge bitcoin as collateral without selling their holdings.
“It’s the same logic ZiC is built on: borrowers want liquidity without exiting their positions,” Nexo concluded.