Asian prediction market yoyo market has officially opened a fiat deposit channel through an integration with Singapore-based crypto payment service provider Alchemy Pay. Users can now use a credit card to buy the stablecoin USDC directly in U.S. dollars, giving the platform both fiat and crypto deposit rails.
yoyo market said the new setup extends its payment flow beyond crypto-only funding. With the Alchemy Pay connection in place, users do not need to already own a wallet or buy crypto in advance before taking part in prediction trading on the platform.
Fiat access added to widen participation
The company describes itself as a U.S.-headquartered platform built by an Asia-based team. It said the product was designed around local topic curation, a more intuitive user experience, and a compliance-first structure aimed at users in Asia and Taiwan.
The source article cited market statistics showing about 741 million crypto holders worldwide, with 60% of them concentrated in Asia. At the same time, it said billions of people in Asia still have never held any crypto asset, and that Taiwan’s ownership rate is below 10% of the total population. In the article’s framing, that gap points to growth room for the crypto sector, but also raises a separate issue for prediction markets if participation remains concentrated in a narrow group.
yoyo market founder David Chen said, “The distance between Web3 and mainstream industries is often not a technical issue, but a psychological barrier. Over the past decade, the blockchain industry has made the technology mature enough. The real challenge is how to put these applications into the hands of the general public. This integration with Alchemy Pay is intended to reduce the usability challenge for ordinary users entering crypto.”
Chen also said yoyo market has kept user experience at the center, from topic selection and interface design to payment tools and regional regulatory checks, with the goal of delivering a more intuitive, faster, and safer event-trading experience.
According to the article, Alchemy Pay operates in more than 170 countries and supports Visa, Mastercard, mobile wallets, and bank transfers. It can settle more than 50 fiat currencies and mainstream cryptocurrencies. yoyo market said that effectively gives the platform access to a mature global payment channel.
Platform says users rose 4x in first month
yoyo market said that one month after launching its new platform, total users had increased fourfold and average daily trading volume had tripled. The market topics on the platform are built around everyday Asian subjects, including Taipei’s daily high temperature, Chinese Professional Baseball League game outcomes, when K-pop groups will return, and who will win awards such as the Golden Melody Awards and Golden Horse Awards.
The company said its aim is to build a prediction market tailored to Asia.
It also said it recently launched a user campaign called the “LOL-themed trading competition,” with a top prize of round-trip airfare to Seoul. According to the article, the campaign drew strong participation and the trading volume of the top five users exceeded $30,000. yoyo market said it plans to roll out themed prediction competitions on a weekly basis, tied to current events and paired with upgraded rewards.
How the credit card deposit flow works
The article listed the steps for using the new card-funding function:
- Go to app.yoyomarket.com and log in with email or a bound Web3 wallet.
- Tap “My” in the lower-right corner, then select “Deposit.”
- Choose “Credit Card Deposit” and enter the amount to top up. The minimum is 15 USDC.
- The system redirects users to an Alchemy Pay page, where they can pay by credit card to buy USDC. First-time users are guided through KYC verification before completing the purchase.
- After payment is completed, Alchemy Pay shows a “purchase successful” message. Users can then close the page and return to yoyo market to start trading predictions.
The source article also included the platform address, app.yoyomarket.com, and its Taiwan Instagram page at www.instagram.com/yoyomarket.official.
Disclosure in the source article
The original article stated that it was supplied as sponsored promotional content. It said the contributor had no relationship with BlockTempo and that the piece did not represent the outlet’s position. The article also said it was not intended as investment, asset, or legal advice, and should not be treated as an offer to buy, sell, or hold any asset. Any services, plans, or tools mentioned were described as reference information only, with final details and rules subject to the provider’s own announcements.