Abra, a U.S.-based all-in-one cryptocurrency wallet and exchange, announced on Thursday it has formed a new partnership with Plaid as well as withdrawal support for more cryptocurrencies. Abra revealed:
“The road to cryptocurrency mass adoption will be paved by technology and design that makes moving money easier. In that spirit, starting today Abra is making it easier for users in the United States to convert USD to crypto by connecting and being able to seamlessly transfer funds to the Abra app. This greater ease of use is thanks to a new banking integration made possible by the San Francisco-based fintech company, Plaid.”
Abra also reported that Plaid “makes it easier” for people to connect their bank to financial apps, including its own app. For Abra users, the Plaid integration means that now thousands of banks are easily compatible with the Abra wallet. Speaking about the partnership, Abra Founder and CEO Bill Barhydt, stated:
“With today’s announcement, Abra is taking yet another step closer toward our vision of democratizing access to financial services for our hundreds of thousands of customers around the globe. The addition of these new liquidity enhancements in our app gives users more ways to move between crypto and fiat. We’re particularly excited about our partnership with Plaid, which brings thousands of additional financial institutions into the Abra ecosystem for US customers.”
In regards to more withdrawal support, Abra noted that the new withdrawal capability is now live for 0x (ZRX), Augur (REP), Basic Attention Token (BAT), Dash (DASH), Digibyte (DGB), Doge (DOGE), Ethereum Classic (ETC), Golem (GNT), Lisk (LSK), Neo (NEO), OmiseGo (OMG), Qtum (QTUM), Status (SNT), Stratis (STRAT), Tron (TRN), Vertcoin (VTC), and Zcash (ZEC).