CoinVoice has recently learned that the native Bitcoin liquidity protocol Yala has officially joined the Circle Alliance Program, according to the latest official news. The Circle Alliance is a global collaboration program initiated by Circle, aimed at bringing together leading protocols, fintech companies, and institutions to jointly promote the adoption of USDC and the development of the on-chain economy.
Yala has built a native liquidity base layer based on Bitcoin, allowing users to efficiently earn returns in DeFi and RWA multi-ecosystems by minting the stablecoin YU through over-collateralized BTC, without the need for bridging, thereby unlocking Bitcoin’s capital efficiency.
As a member of the Circle Alliance, Yala stated that it will collaborate with other innovative protocols and institutions to jointly explore more possibilities for USDC in the Bitcoin-dominated ecosystem, promoting the acceleration of on-chain finance.
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