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Trading Platform Abra Will Now Lend Fiat Money for Crypto Collateral
Abra Borrow will initially be available in 35 U.S. states, as well as globally.
작성자 Jamie Crawley
California-based cryptocurrency trading app Abra has launched a cryptocurrency lending and borrowing service.
STORY CONTINUES BELOW
- Announced Tuesday, users will be able to use their crypto holdings as collateral for loans of fiat currency with the new feature.
- Abra Borrow will initially be available in 35 U.S. states (with more expected soon) as well as globally for the platform's claimed 1 million users.
- Borrowers will be able to "tap into their crypto price gains without selling their crypto or forgoing future price gains," according to CEO Bill Barhydt.
- Rates start at 3.95% APY with loan terms from six to 24 months.
- Abra received a $5 million investment from Stellar Development Foundation (SDF) in May, preceding the platform's integration with the Stellar blockchain.
See also: Fiat-to-Crypto Partnerships Expand Abra’s Footprint to 150+ Countries
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알아야 할 것:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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Nasdaq, home of Coinbase, Strategy stocks, seeks 23-hour trading amid investor demand
Crypto's 24/7 trading has influenced investor expectations, with Nasdaq acknowledging that many of its clients are already active overnight.
알아야 할 것:
- Nasdaq plans to expand stock and exchange-traded product trading to 23 hours a day, five days a week, according to a Reuters report.
- The move follows similar initiatives by the New York Stock Exchange and reflects growing global demand for extended market access.
- Always-on cryptocurrency trading has influenced investor expectations, with Nasdaq acknowledging that many of its clients are already active overnight.
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