Cred is a US-based and regulated company with, reputable partners & execs. As BlockFi, Nexo or Celsius, it uses both Fireblocks and Bitgo for insurance and custody. Cred promises 4%-10% interest thanks to overcollateralized loans. Sounds good and familiar, right? Well, Cred filed for bankruptcy
If like me, you are just waiting for another bullmarket, with your stablecoins roting somewhere, Nexo seems pretty interesting. But is it green or is it greed?