Yala: Has noted the community's concerns about the stablecoin YU and is conducting an investigation

The stablecoin protocol Yala has stated that the team is aware of the recent concerns from the community regarding the stablecoin YU, and is currently conducting an investigation, with updates to be released in due course.

Previously, it was reported that the Yala stablecoin YU exhibited suspicious circumstances similar to USDX, with related addresses borrowing USDC at extremely high interest rates but never repaying.