Hassan Maishera
On Wednesday, the Alchemy Pay team announced via a blog post that it has partnered with Yala, a Bitcoin-native liquidity protocol, to power the next frontier of BTC utility through payments and stable yield access.
The collaboration supports Yala in the launch of its upcoming Yala Yeti Card, enabling users to spend their $YU yield seamlessly in daily life across millions of merchants worldwide, both online and offline, while retaining full access to their BTC-backed liquidity and earnings.
With Alchemy Pay's global payment infrastructure, $YU, the BTC-backed liquidity asset minted through Yala’s protocol, can now serve as both a yield-generating tool and a real-world payment asset. Through the Yeti Card, users will be able to use $YU directly at coffee shops, retail stores, and e-commerce platforms, turning on-chain yield into everyday financial utility.
In addition to card support, Alchemy Pay’s fiat on and off-ramp has been integrated to support $YU, enabling users to buy and sell the token using fiat currencies and local payment methods such as Visa, Mastercard, Apple Pay, Google Pay, regional mobile wallets, and bank transfers.
Alchemy Pay is a payment system focused on retail transactions at the point of sale and peer-to-peer remittance. Users can make payments using fiat, stablecoins, and other cryptocurrencies on traditional payment systems. Alchemy Pay’s ACH token is up 3.2% in the last 24 hours and trades at $0.01964.
