Cryptocurrency lending platform Nexo announced that SOL and XRP can now be used as collateral for its interest-free loan product, ZiC. ZiC is a product that lends interest-free stablecoins to holders of eligible cryptocurrencies as collateral, with no forced liquidation and a 0% annual interest rate. Instead, if the collateral rises above a certain level, Nexo takes the excess profit and requires a much lower loan-to-value (LTV) ratio of around 30% compared to general loans.
