Yala’s YU stablecoin does not regain its peg after a supposed attack.
Yala’s Stablecoin Struggles After Attack Yala’s stablecoin, Yu, has faced difficulty returning to its dollar peg following a noted “attempt to attack” that temporarily dropped its value to $0.2046 early Sunday. The Yara team confirmed this incident in a post, stating it had a “temporary effect” on Yu’s peg. They are currently collaborating with blockchain […]