Sovra

Sovra is a mobile app that gives users an international dollar account they control themselves. Balances are held as digital dollars, backed one to one and issued by a regulated US company, in a wallet on the Base network that only the user controls. Users can earn a return paid by borrowers in established lending markets, spend with a virtual card, and hold their own USD or EUR IBAN. They can send money to other Sovra users or crypto wallets for free, to bank accounts via SEPA, ACH or wire, or through cash partners where supported. The company says the service is available in 180+ countries, that licensed partners run the banking, card and local payment services, and that Sovra never touches the funds.