Yala launches PayFi Universe, enabling direct spending of Bitcoin earnings
Foresight News reports, according to The Block, that Yala has officially launched the PayFi Universe system, allowing users to make everyday purchases using the yield generated from their Bitcoin holdings without having to sell their Bitcoin principal. The core product, Yeti Card, supports global payments, enabling users to pay for various expenses directly with their Bitcoin earnings. Yala has also partnered with institutions such as Alchemy Pay and Circle to promote the adoption of Bitcoin yield-based payment models in the real economy.
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