Yala Stablecoin Depeg: Anatomy of a Multi-Chain Exploit and Lessons for DeFi Risk Management
On September 14,2025, the Bitcoin-backed Yala (YU) stablecoin suffered a catastrophic depeg event that sent shockwaves through the DeFi ecosystem. YU, once designed to maintain a steady $1 value, is currently trading at $0.1503 - a stark...