Dear Lionel,
We are happy to announce that Nexo now supports HUSD. This latest asset integration lets you borrow against your HUSD via the Instant Crypto Credit Lines™, as well as receive up to 10% interest on HUSD via our Earn on Crypto product.
This expansion of our offering comes as a result of Nexo’s long-term collaboration with Huobi, which started in March 2019 and recently saw Huobi Global list NEXO Token and USDT as an official trading pair.
Earn on HUSD Nexo’s high-yield interest account ensures your HUSD keeps growing every day with:
- Compounding interest of up to 10% on HUSD, paid out daily
- No minimum or maximum limits on funds deposited, offering infinite opportunities to earn.
- Full flexibility with no lock-in periods, so you can withdraw your funds at any time.
- All funds are asset-backed by Nexo’s portfolio of 200–500% overcollateralized crypto credit lines.
Borrow Against HUSD With Nexo’s flagship Instant Crypto Credit Lines™, you benefit from:
- The best borrowing rates, starting from 5.9% APR only on what you actually use.
- А minimum loan amount of $10 and a maximum of $2M, with larger sums available upon request.
- Automated and guaranteed instant approval with no credit checks.
- No installments, no minimum loan repayments, and local bank withdrawals within 24 hours.
As with all of Nexo’s services, our HUSD-holding users enjoy top-tier insurance on all custodial assets with SOC 2 Type 2-certified crypto custodian BitGo, #ZeroFees on all transactions, and worldwide availability in 40+ fiat currencies across 200+ jurisdictions.
Best of luck in leveraging your HUSD and, just as importantly — stay healthy and stay ahead.
following a comment, screenshot of daily interests:
