Golden Finance reports that the stablecoin protocol Yala stated on the X platform that all native BTC under the Institution Mode will be removed from the Yala protocol, but YBTC will not be completely destroyed, as part of the YU is still locked in the Euler pool and cannot be withdrawn. YU associated with this institutional mode Address will not enter circulation. This process is entirely independent of retail investor activities and is designed specifically for institutional counterparties that trade under specific terms and have larger Holdings. This exit will not affect retail investors' YU balances or redemption rights; the YU held by retail investors remains fully valid, and the redemption schedule will proceed as planned. The complete redemption plan and schedule will be announced on December 15.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
If Bitcoin falls below $650,000, the liquidation intensity of long positions on major CEXs will reach 743 million.
If Bitcoin drops below $65,000, the cumulative long liquidation intensity on major CEXs will reach $743 million; if it breaks above $68,000, the cumulative short liquidation intensity will reach $621 million. The liquidation chart shows how price fluctuations affect liquidation intensity.
BlockBeatNews4m ago
Bitcoin’s Structural Limits May Open Door for Ethereum Growth, Analyst Says
_Bitcoin’s structural constraints may slow adaptation, while Ethereum’s model supports stronger long-term positioning._
Bitcoin faces structural friction that could gradually tilt long-run incentives toward Ethereum, according to market commentator John Galt. He argues that Bitcoin’s upgrade model,
LiveBTCNews23m ago
If Bitcoin falls below $60K, recovery could slip to 2027, data shows
Bitcoin (BTC) has given back much of its March momentum, dipping about 1.4% for the month and registering a roughly 24.6% drop for the first quarter of 2026. Market observers note that this retreat fits a longer-term drawdown pattern that could extend into the end of 2026, with many analysts
CryptoBreaking29m ago
Davinci Jeremie Behind '$1 BTC', Now Says Sell Your Bitcoin Crypto
The shift is significant precisely because of its source: Jeremie spent more than a decade as one of the asset class’s most recognizable long-term bulls, and his updated stance arrives as Bitcoin consolidates well off its October 2025 highs.
The Crypto Fear & Greed Index currently sits
Coinspeaker30m ago
Bitcoin Prepares to Close March in Red, Making Its Sixth Consecutive Close, Why Is This Bullish?
Bitcoin prepares to close March in red.
This could mark its sixth consecutive close, a pattern seen before in 2018-2019.
Previously this pattern was printed, the price of BTC pulled a pump over 300%.
The crypto community is waiting with dread as they see how Bitcoin prepares to close Mar
CryptoNewsLand1h ago
