Key Takeaways
- Alchemy Pay has teamed up with Yala to let users spend the yield generated from their Bitcoin (BTC) holdings without selling their actual BTC via the new Yala Yeti Card.
- This card works like a debit card but uses $YU tokens instead of regular money. These tokens are backed by Bitcoin and earn you extra rewards. You can use the card to shop easily at millions of stores around the world.
- With Alchemy Pay’s integrated fiat on/off-ramps, users can easily buy and sell $YU using Visa, Mastercard, Apple Pay, Google Pay, and more, making decentralized finance (DeFi) accessible and user-friendly.
- Operating in 173 countries and holding licenses in key markets like the U.S., Europe, and Australia, Alchemy Pay ensures compliant, secure transactions for users everywhere.
- This partnership transforms Bitcoin from a passive investment into an active spending asset, merging decentralized finance with everyday commerce and empowering financial freedom.
Alchemy Pay And Yala Make It Possible To Spend Bitcoin Yields
Owning Bitcoin (BTC) used to mean one of two things: hold it and wait for it to grow, or sell it to use the money. Now, thanks to a new partnership between two companies, you can do something new: spend the money your Bitcoin earns without giving up your actual Bitcoin. Alchemy Pay, a leading fiat-crypto payment gateway, has partnered with Yala, a Bitcoin-native liquidity protocol, to launch the Yala Yeti Card, a game-changing financial tool that turns Bitcoin’s passive yield into everyday buying power. From groceries and gas to coffee and e-commerce, users can spend the yield directly in fiat while keeping their original crypto intact.
This innovation eliminates the traditional trade-off between investment growth and liquidity access. Users generate yields through Yala’s protocol by minting $YU tokens against their Bitcoin holdings. These tokens function as both yield-bearing instruments and spendable currency, creating unprecedented flexibility in digital asset management.
Global Infrastructure Spans 173 Countries
Alchemy Pay’s extensive payment network transforms $YU from a niche DeFi token into a globally accepted currency. The infrastructure supports over 300 fiat payment channels across 173 jurisdictions, enabling users to spend their Bitcoin yields at millions of merchants worldwide.
The integration encompasses traditional payment methods, including Visa, Mastercard, Apple Pay, Google Pay, regional mobile wallets, and direct bank transfers. This comprehensive approach ensures users can access their Bitcoin-backed liquidity through familiar payment channels.
“The card enables yield-bearing tokens to function as direct payment methods without requiring token swaps,” according to the partnership announcement. This technological breakthrough removes friction from the spending process while preserving users’ Bitcoin exposure.
This Isn’t A Sketchy Crypto Project
Alchemy Pay already operates in 173 countries and holds licenses in places like Australia, Canada, Europe, the UK, and America. That means they follow local rules and offer secure and reliable service.
In short, this isn’t a sketchy crypto project. It’s built with the kind of trust and compliance a customer would expect from a traditional financial company. “It’s like using your Bitcoin like a savings account,” said a Yala spokesperson. “You earn from it, and you can spend what you earn—without touching the savings itself.”
The collaboration extends beyond payment processing to encompass complete DeFi integration. Alchemy Pay’s fiat on-ramp and off-ramp services support $YU trading, enabling users to enter and exit positions using traditional payment methods.
This integration dramatically reduces barriers for newcomers to the Yala ecosystem. Users can purchase $YU tokens using familiar payment methods, eliminating the complex multi-step processes typically associated with DeFi participation.
The partnership represents a significant evolution in Bitcoin utility, transforming the cryptocurrency from primarily a store of value into a practical medium of exchange. By enabling users to spend Bitcoin yields without liquidating their holdings, the collaboration addresses fundamental adoption barriers.
This development reflects broader market trends toward practical crypto applications. As DeFi protocols mature, partnerships with traditional payment infrastructure become essential for mainstream adoption.
Read more: Coinbase Expands Into Traditional Finance With Bitcoin Rewards Card
