An announcement has been made to confirm that a cryptocurrency platform Abra will be expanding their support for Ethereum. Abra then explained, “Abra’s synthetic asset model is the first of its kind and leverages bitcoin and litecoin blockchain-enabled smart contracts to reduce friction for anyone interested in buying, selling, and holding other assets such as alternative cryptocurrencies.”
Abra wallet is unveiling a new channel for deposits, European Bank Accounts. The company has listed Cardano (ADA), Basic Attention Token (BAT), and Tron (TRX) along with other 25 coins. The residents of the Single Euro Payments Area (SEPA) would be able to transfer euros and other national currencies to the Abra wallet which deposit bitcoins to the user’s wallet.