According to Mars Finance, the Bitcoin native liquidity protocol Yala has partnered with the encryption payment company Alchemy Pay to jointly launch the Yala Yeti card, allowing users to use over-collateralized BTC to borrow stablecoin $YU for consumption 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 convenient fiat buying and selling channels, further releasing the efficiency and value of Bitcoin assets in real-world usage. Yala stated that the Yeti Card is an important application of its “Hold Your Bitcoin, Buy Now, Pay Never” philosophy, committed to making BTC earnings truly serve everyday consumption scenarios. The product is currently in the preparation stage, and more details will be announced soon.
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