Abra Building Banking Solutions on Stellar Blockchain, CEO Barhydt Says
Cointelegraph
Published Jul 18, 2020 09:11AM ET
Updated Jul 19, 2020 12:20PM ET
Abra, the company behind the global crypto and fiat wallet and exchange app of the same name, plans to give the world banking services underpinned by Stellar's blockchain — one of the results of the SDF's $5 million investment in Abra earlier in 2020.
During the SDF's digital second quarter review meeting on July 15, Abra CEO Bill Barhydt mentioned Abra's focus on upcoming banking-type features the company is building out. In particular, Barhydt noted an "interest-earning capability" expected to hit the market in the coming weeks.
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Written By: Cointelegraph
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