The First Ever TRX-backed Fiat Credit Line

Nexo
Nexo
Published in
2 min readJul 29, 2020

We’ve retired our Medium blog. For the latest news, visit nexo.io/blog

Check out a summary of Nexo’s developments below or read the full article аt The First Ever TRX-backed Fiat Credit Line

  • Nexo is expanding the Instant Crypto Credit Lines to accept TRON (TRX) as collateral, creating the first ever TRX-backed fiat loans.
  • TRX users can now also access Nexo’s Earn on Crypto, a high-yield interest product giving users up to 5% interest on crypto and 10% on stablecoins and fiat.
  • The TRX integration is yet another step towards the Defi-enhanced centralized finance model Nexo is pursuing.

Be sure to keep up with Nexo’s announcements through our new blog domain: nexo.io/blog.

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Nexo
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The World’s First Instant Crypto Loans. Our official website is https://nexo.io