Yala’s YU stablecoin fails to restore peg after ‘attempted attack’

Yala’s YU stablecoin fails to restore peg after ‘attempted attack’

Yala’s YU stablecoin fails to restore peg after ‘attempted attack’

Yala’s Bitcoin-collateralized YU stablecoin dropped as low as $0.2046 after an attempted protocol attack, failing to restore its $1 peg.

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