- 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) product to accept Solana (SOL) and Ripple (XRP) as eligible collateral, calling it an industry first for zero-interest, no-liquidation lending secured by these tokens.
The change widens access to interest-free borrowing beyond Bitcoin (BTC) and Ethereum (ETH), which previously made up the bulk of collateral on the platform.
The announcement arrives as crypto-backed lending continues to evolve, with platforms designing more flexible borrowing options to appeal to a broader range of investors and token holders.
Expansion beyond Bitcoin and Ethereum
Nexo said adding SOL and XRP reflects changing collateral trends on its platform.
While Bitcoin and Ethereum still represent roughly 70% of the total collateral volume—broadly echoing their market dominance—more than 30% of loans are now backed by alternative crypto assets.
SOL and XRP are the leading tokens in that segment, which prompted Nexo to extend its signature ZiC product to them.
The company said the expansion enables a wider set of users to access liquidity without selling their holdings.
“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, Chief Product Officer at Nexo.
How the zero-interest credit product works
ZiC allows users to borrow stablecoins at 0% APR over a fixed term, with no risk of forced liquidation while the loan is active.
The product uses predefined repayment terms that are visible from the start, providing more predictability than many traditional crypto lending products.
For loans secured by SOL and XRP, ZiC offers a 30% loan-to-value (LTV) ratio, with minimum collateral thresholds set at 100 SOL or 5,000 XRP.
The core proposition remains the same: users can unlock liquidity while retaining exposure to their crypto assets.
The product has already attracted meaningful adoption. Nexo reported more than $170 million in total loan volume through ZiC, a 66% borrower renewal rate, and an average of four renewals per user.
More than half of the borrowed funds remain on the platform, suggesting users are accessing liquidity while continuing to participate in the ecosystem.
Growing relevance of crypto-backed lending
The expansion coincides with rising acceptance of crypto-collateralized financing within broader financial markets.
In March 2026, US mortgage agency Fannie Mae began accepting crypto-backed mortgages, permitting borrowers to pledge Bitcoin as collateral without selling it.
Nexo framed its ZiC offering within that larger trend, highlighting demand for liquidity tools that don’t force asset sales.
The company said extending the product to SOL and XRP matches the increasing diversification of crypto portfolios and changing borrower preferences.