Abra Adding 60 New Cryptocurrencies in Consumer Adoption Push: Report

Four stablecoins to debut on Abra platform Four stablecoins including Tether (USDT), Paxos Standard (PAX), TrueUSD (TUSD) and Dai (DAI) will reportedly be among the new tokens. Restrictions remain for United States residents, who are unable to hold Qtum (QTUM), Bitcoin Gold (BTG), EOS (EOS), OmiseGo (OMG) and Status (SNT) on Abra’s platform.

Institutions take the lead Abra focuses on the slowly-expanding consumer adoption curve for cryptocurrency, at a time when attention continues to focus on the institutional sector as fresh offerings come online. As Cointelegraph previously reported, institutional trading platform Bakkt released its Bitcoin custody solution this week, something it considered a critical step to broader adoption.

Timeline of Bitcoin, Bitcoin-gold, Eos, Qtum, Status, Tether, Trueusd, Omisego, Paxos-standard-token