YU depegs to 0.439 USDT, down 53.26% in 24 hours
Foresight News reported that, according to CMC data, the Yala stablecoin YU has depegged to 0.439 USDT, with a 24-hour decline of 53.26%. Previously, YU experienced suspicious lending activity similar to USDX. The official team responded yesterday, stating that they have noticed the community's concerns about the YU stablecoin and are currently investigating.
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