Abra's Borrow product offers an opportunity for eligible customers to borrow AbraUSD (the balance of your USD stablecoins held on Abra including USDC, BUSD, USDP, as well as TUSD) without selling your crypto. We use coins transferred by our customers as collateral for lending. Instead of selling your Bitcoin, Abra allows you to borrow dollars from us using your own coins as collateral. You can use BTC and ETH as collateral for your loan.
Availability regarding the borrow product will be listed in-app and the specifics regarding the minimum or maximum amounts will vary depending on your location.