Home Cryptocurrency 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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