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Yala officially joins Circle Alliance to co-build the Bitcoin native on-chain financial ecosystem.
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.