
Nexo, a Swiss digital assets platform, saw its stablecoin balances increase by 7.5% to $8.44 million, driven by steady monthly net inflows of over $4 million in April and May 2026. The platform offers high interest rates up to 14% on certain digital assets and stablecoins, attracting users globally across 150+ countries. Founded in 2018, Nexo has evolved from a crypto lender to a comprehensive wealth platform managing $7-11 billion in assets. While growth continues, investors should be cautious of risks inherent in centralized yield platforms, as past collapses like Celsius and BlockFi highlight potential vulnerabilities.