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Yala

Yala lets users mint the $YU stablecoin by over-collateralizing BTC, then use it across DeFi and real‑world asset platforms to earn yield while keeping Bitcoin exposure.
Cayman Islands

Yala


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Description

Yala is a stablecoin protocol that issues the $YU asset by letting users mint against over-collateralized BTC. Users lock Bitcoin to create YU, then use it across DeFi and real-world asset platforms for yield and liquidity. The system includes MetaMint, a peg stability module, conversion, and a stability pool to support liquidity, risk management, and redemptions.

Category: Stablecoin Issuer
TVL: $1.8M

Chains:
BitcoinEthereum