Yes, Abra is a decentralized wallet as you have full access over your cryptocurrencies (you get a private key). Abra has no access to the user’s private key ever, even in the instance where the consumer chooses to hold US dollars.
Abra never has access to a user’s funds since we are a non-custodial wallet. We always recommend users to write down their recovery phrase(s) and store them in a secure location.
All of your cryptocurrency balance(s) are kept with one recovery phrase. For additional information regarding your recovery phrase, please click here.