crypto.loans

Nexo USDTloan: rates, LTV & how to borrow

Can I borrow against USDT on Nexo?
Yes — you can borrow against Tether (USDT) on Nexo at 1.9–18.9% APR with up to 50% LTV, on a third-party basis with KYC.
Borrow on Nexo

Nexo accepts Tether (USDT) as loan collateral. Tether (USDT) is the largest stablecoin by market cap, available to borrow on several DeFi and CeFi platforms. On Nexo you can borrow USD, EUR, GBP, USDC against your USDT at 1.9–18.9% APR, up to a maximum loan-to-value of 50%, on a third-party basis.

To borrow against USDT on Nexo you open an account, complete identity verification, deposit your USDT as collateral, and draw a loan. Nexo uses a third-party model, so consider how it secures collateral before committing a large USDT position.

Posting USDT — a dollar-pegged stablecoin — as collateral means liquidation pressure is minimal in normal conditions, since the collateral holds its value. Nexo's 1.9–18.9% borrow APR is the cost to watch; the main tail risk is a stablecoin depeg rather than ordinary volatility.

How to borrow against USDT on Nexo

  1. 1Create a Nexo account and complete identity verification (KYC).
  2. 2Deposit your Tether (USDT) as collateral.
  3. 3Choose your loan amount up to 50% LTV and receive USD, EUR, GBP, USDC.
  4. 4Repay under Nexo's terms to reclaim your USDT. Add collateral or repay early if USDT falls toward the liquidation level.

How Nexo compares for USDT

5 platforms in our index accept USDT as collateral. On borrow rate, Nexo ranks 1st of 5 — the cheapest USDT loan we track. The table below puts Nexo next to its closest USDT alternatives so you can weigh rate against custody and LTV.

NexoCeFi
Borrow APR
1.9–18.9%
Max LTV
50%
KYC
Required
Custody
Third-party
Apply
AaveDeFi
Borrow APR
4–8%
Max LTV
80%
KYC
No KYC
Custody
Self-custody
Apply
MorphoDeFi
Borrow APR
4–9%
Max LTV
86%
KYC
No KYC
Custody
Self-custody
Apply
YouHodlerCeFi
Borrow APR
5.9–12%
Max LTV
90%
KYC
Required
Custody
Third-party
Apply

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Frequently asked questions

Can I borrow against USDT on Nexo?
Yes. Nexo accepts Tether (USDT) as collateral, letting you borrow USD, EUR, GBP against it at 1.9–18.9% APR, up to 50% loan-to-value.
What is the interest rate for a Nexo USDT loan?
Nexo's borrow APR is 1.9–18.9%. Confirm the current rate on the platform before borrowing, as terms can change.
Does borrowing against USDT on Nexo require KYC?
Yes. Nexo requires identity verification to borrow against USDT.
What happens if my USDT collateral drops in value?
If your USDT falls far enough that your loan-to-value crosses Nexo's liquidation threshold, part of your collateral can be sold to repay the loan. Keep a buffer below the 50% maximum LTV to reduce that risk.

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