TrueUSD makes Nexo Its Official Lending Partner

TrueUSD makes Nexo Its Official Lending Partner

Nexo, a Crypto-based loan platform recently said that it will that TrueUSD (TUSD), a dollar-pegged stablecoin, will be its official lending partner. Henceforth TrueUSD will act as collateral and repayment option for Nexo’s instant crypto loans. This comes after Nexo revealed plans to offer a 6.5% interest rate for investors who store stablecoins on its platform.

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