NEXO is the native token of the Nexo platform, which acts as a bridge between traditional banking and cryptocurrency. It allows users to obtain instant crypto-backed loans without selling their cryptocurrencies. NEXO is a utility token that provides various benefits to its holders on the Nexo platform.
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The Indian Rupee (INR) is the official currency of India, issued by the Reserve Bank of India (RBI). As one of the fastest-growing economies, India's currency is essential for trade and remittances. While crypto trading in INR is regulated, stablecoins pegged to the rupee are emerging, offering digital asset users a way to transact with INR in the blockchain ecosystem.