GoTyme shakes hands with Alpaca to bring secure multi-asset crypto support to millions of users which signals the rising global banking interest in crypto.GoTyme shakes hands with Alpaca to bring secure multi-asset crypto support to millions of users which signals the rising global banking interest in crypto.

GoTyme and Alpaca Ally to Accelerate Crypto Adoption in Banking Sector

bank-1 main

GoTyme, one of the fastest-growing digital banks in the Philippines, has announced beneficial news for crypto users about the partnership with Alpaca. Alpaca is a major decentralized finance (DeFi) lending protocol on the Binance Smart Chain (BSC) that lets users earn yield and borrow to leverage yield farming. The main purpose behind this strategic partnership is to make the mainstream adoption of cryptocurrencies in Banks.

GoTyme has a large number of users, making it one of the most trusted and responsible banks in the world. It has 6.5M+ users that are delivering a clear and strong message to others about the systematic ways of organization for users’ account protection.  CryptosRUs has released this news through its official social media X account.  

GoTyme’s Crypto Expansion Highlights Rising Global Bank Interest in Digital Assets

The integration of GoTyme with Alpaca for crypto adoption means that something big is going to happen in the future. The significant number of users of GoTyme indicates that users have full confidence in the bank. By this, GoTyme has the responsibility to respect the users’ decision and value the trust of the Philippines’ users that they have in it.

Moreover, there is a shifting scene that is being seen from the famous banks about the adoption of cryptocurrencies in their banks. This means the global banks are inclining towards crypto and adopting crypto for users’ benefits.

GoTyme Adds Secure Multi-Asset Support with Auto Conversion

The integration of GoTyme and Alpaca allows users they buy and hold 11 crypto assets directly in the GoTyme app without any hesitation or fear of scams or hacks. These crypto assets are $BTC, $ETH, $SOL, and $DOT, which are famous on the list and catching the attention of a huge number of users towards the next happening in the market.

These crypto assets are converted to USD by an automatic PHP-to-USD conversion technology that also saves the crypto assets that are being wasted during any conversion. Moreover, Crypto adoption in the Philippines can revolutionize the future of cryptocurrency users.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
Trump adviser demands Fed economists be 'disciplined' for arguing with presidential tactic

Trump adviser demands Fed economists be 'disciplined' for arguing with presidential tactic

President Donald Trump's longtime economic adviser Kevin Hassett suggested on CNBC Wednesday that the economists at the New York Fed who produced an analysis revealing
Share
Rawstory2026/02/18 22:59
Trump admin appeals after judge orders slavery exhibit returned to Philadelphia museum

Trump admin appeals after judge orders slavery exhibit returned to Philadelphia museum

President Donald Trump's Department of the Interior and its secretary, Doug Burgum, have appealed after Judge Cynthia Rufe invoked George Orwell's dystopian novel
Share
Rawstory2026/02/18 23:24