According to Foresight News, the native Bitcoin liquidity protocol Yala has reached a cooperation with the crypto payment company Alchemy Pay to launch the Yala Yeti Card, which supports users in borrowing stablecoins YU with over-collateralized BTC for online and offline merchant consumption. 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.
Meanwhile, Alchemy Pay Ramp will also access YU, providing a convenient fiat currency buying and selling channel, further releasing the usage efficiency and value of Bitcoin assets in the real world. Yala states that the Yeti Card is an important implementation of its "Hold Your Bitcoin, Buy Now, Pay Never" concept. The product is currently in the preparation stage, with more details to be announced soon.
