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  • POS Market Cap
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  • Masternodes Market Cap
    $1.177B 0.53%

Nexo Expands the List of Interest Offering Stablecoins

By Rafał - 2019-03-26

On October 30, 2018, Nexo introduced a product named “Earn Interest” which allowed its investors to benefit from their idle assets by offering interest of up to 8% (compounding daily).

 

Nexo has added 3 new coins to this product: DAI, USDC (USD//Coin) and PAX (Paxos Standard Token) to the already existing options of TUSD and USDT.

 

The addition of 3 new coins to the “Earn Interest” product shows that nexo is still in need of liquidity and that the demand for instant crypto loans is increasing rapidly illustrating rapid scaling and growth of Nexo Enterprise.

 

Info on the new and existing stablecoins can be found here:


https://medium.com/nexo/earn-up-to-6-5-on-dai-pax-usdc-compounding-daily-and-secured-by-custodial-insurance-8e4204b3e4be 


https://medium.com/nexo/earn-interest-and-protect-your-stablecoins-with-nexos-1-to-1-conversion-guarantee-dbdefa8a8152