Going Global: Building a Worldwide Digital Cash Network; Includes Direct Bitcoin Support

Send in Bitcoin, receive in Dollars

Today, at the North American Bitcoin Conference,  I announced the next phase of Abra’s global expansion: Next month, we’ll be enabling Abra worldwide, activating a global network of Tellers who can transact in over 50 currencies, including directly in Bitcoin. This means that anyone with a smartphone in any country can send or receive funds in most major currencies and can cash in or out of their Abra wallet, even without a bank account. Bitcoin is key to these efforts. While Bitcoin has always been […]

Solving the “Last Mile” Problem for Bitcoin

For years, Bitcoin has been offered as a solution for cross-border payments. After all, Bitcoin is a payment network whose only boundary is the edges of the internet, which is becoming more widely available every day. However there have always been challenges for individuals and companies attempting to use Bitcoin for this purpose: how do you get money in and out of the network? How do you handle slippage and price volatility? Even as Bitcoin exchanges have proliferated around the globe, the answers to these questions […]