Nexo offers 0% XRP-backed credit for stablecoins
Nexo (NEXO)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that Nexo allows XRP holders to use their tokens as collateral to borrow USDT or USDC at 0% interest. The Zero-interest Credit product enables users to access stablecoin liquidity without paying interest or selling their position. Borrowers benefit from no margin calls or liquidation during the fixed term. This feature lets holders maintain their XRP exposure while gaining access to stablecoin funds.
How the market reacted
Whalio's own Binance spot order flow for NEXO, measured when this story was written up on 2 October 2026. Not the outlet's figures.
Nexo (NEXO) is currently trading at $0.8470 with a 1-hour buy ratio of 39.9%, indicating immediate selling pressure relative to buying. However, the 4-hour buy ratio stands at 59.3%, suggesting that buying pressure is building over a slightly longer timeframe compared to the shorter 24-hour average of 48.7%. The 1-hour volume delta is -$9,014, showing net outflows in the last hour, while the 4-hour delta is positive at +$48,294, reflecting net inflows over the past four hours. The cumulative volume delta for the 24-hour period is -$13,552, meaning that despite the positive 4-hour snapshot, more volume has been sold than bought over the full day. CVD closed at +$35,228, indicating that cumulative buying pressure has outweighed selling pressure at the close of the period.
The latest daily buy ratio of 51.2% sits at the 59th percentile of the last 323 days, against a median of 50.2% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for NEXO, averaged over the days leading up to the story.
Over the preceding week, NEXO experienced a 7-day average buy ratio of 46.0%, with the latest day showing a buy ratio 2.7 points higher than that average. Spot volume was 0.88x the average, indicating lower-than-normal trading activity for the day. The coin saw only 1 day of net buying out of the past 7 days, and the price dropped 2.0% over the 8-day period. Total volume delta for the week was -$374,269, contrasting with the single day's negative delta of -$13,552. This suggests that while today's activity was slightly more bullish than the weekly average, it remains part of a broader trend of net selling and price decline.