Nexo Expands Zero-Interest Credit to XRP and Solana as Crypto-Backed Lending Gains Momentum

Nexo has broadened its Zero-Interest Credit line to include XRP and Solana, allowing users to borrow at 0% APR using either token as collateral. The update adds XRP and SOL to the program's existing collateral options of Bitcoin and Ethereum, underscoring a push to make digital assets more usable as day-to-day financial tools rather than holdings kept on the sidelines. The product centers on accessing liquidity without selling crypto. Users pledge XRP or SOL and borrow stablecoins while maintaining exposure to their underlying positions. Nexo says the structure is built to provide more certainty, with liquidation risk at maturity removed under specific conditions and a more predictable route through market volatility. Nexo reports its Zero-Interest Credit offering has already facilitated more than $170 million in loans. The company adds that 66% of borrowers have returned for additional borrowing, pointing to sustained demand from users seeking cash flow without exiting long-term bets. Nexo described the move as a strategic expansion of its credit ecosystem, bringing XRP and Solana fully into its collateral framework and extending built-in downside protection across a wider set of assets. The expansion lands as crypto lending infrastructure develops across both centralized and on-chain channels. In late March, Evernorth indicated plans to introduce native XRP lending on the XRP Ledger, a step it said could help mobilize as much as $100 billion in sidelined capital by moving lending activity fully on-chain. Coinbase has also widened its own credit program, adding XRP, Dogecoin, Cardano, and Litecoin as eligible collateral for U.S. users. The offering allows borrowing of up to $100,000 in USD Coin, highlighting intensifying competition among major platforms for crypto-backed loan demand. Taken together, the shifts reflect a broader trend: digital assets are increasingly being positioned as collateral and yield-generating tools. From centralized lenders such as Nexo and Coinbase to emerging on-chain initiatives like Evernorth's XRPL effort, crypto's credit layer is evolving into a more structured, accessible, and capital-efficient market.