Nexo, a digital assets wealth platform, has expanded its Zero-Interest Credit (ZiC) product to include Solana (SOL) and Ripple (XRP) as collateral assets. This move allows holders of these tokens to lock up their assets and borrow stablecoins at 0% APR with no liquidation risk, a benefit previously reserved for Bitcoin (BTC) and Ethereum (ETH) holders.
ZiC was named "Consumer Lending Product of the Year" at the FinTech Breakthrough Awards in March 2026. It offers a fixed-duration term with a fully predefined repayment structure from day one. To date, the product has generated over $170 million in total loan volume, boasting a 66% borrower renewal rate and an average of four renewals per user. More than half of all ZiC loan proceeds remain on the Nexo platform, indicating that borrowers continue to hold their positions while accessing liquidity.
The expansion to SOL and XRP aligns with Nexo's platform data: BTC and ETH collectively represent about 70% of total collateral volume, while the remaining 30% is backed by other assets, led by SOL and XRP. With this launch, ZiC-backed loans for SOL and XRP will operate at a 30% loan-to-value (LTV) ratio, with minimum deposits of 100 SOL or 5,000 XRP.
Elitsa Taskova, Chief Product Officer at Nexo, commented: "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 move follows growing adoption of crypto-backed lending in traditional finance. In March 2026, Fannie Mae began accepting crypto-collateralized mortgages, allowing homebuyers to pledge Bitcoin as collateral without selling. Nexo says the same principle underpins ZiC: borrowers seek liquidity without exiting their positions.
