Yala partners with Alchemy Pay to launch Bitcoin yield payment card, expanding $YU's real-world payment capabilities

ChainCatcher news, Bitcoin's native liquidity protocol Yala has partnered with crypto payment company Alchemy Pay to jointly launch the Yala Yeti Card, allowing users to use over-collateralized BTC to borrow stablecoin $YU for spending at online and offline merchants worldwide.

The card will integrate Alchemy Pay's global payment network, covering 173 countries and over 300 local payment channels, and will be compatible with mainstream mobile payment methods such as Apple Pay and Google Pay.

At the same time, Alchemy Pay Ramp will also support $YU, providing a convenient fiat trading channel, further unlocking the efficiency and value of Bitcoin assets in the real world.

Yala stated that the Yeti Card is an important application of its "Hold Your Bitcoin, Buy Now, Pay Never" philosophy, aiming to ensure that BTC earnings truly serve everyday consumption scenarios. The product is currently in the preparation stage, with more details to be announced soon.