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.
Source: Yala’s YU stablecoin fails to restore peg after ‘attempted attack’ (https://cointelegraph.com/news/yala-yu-stablecoin-depegs-after-attack?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)