Yala: The redemption plan is scheduled to be announced on December 15, and native BTC will be removed from the protocol in institutional mode
2025-11-28 12:18:07
The stablecoin protocol Yala posted on the X platform that all native BTC under Institution Mode will be removed from the Yala protocol, but YBTC will not be completely destroyed, because part of the YU is still locked in the Euler pool and cannot be withdrawn, and the YU associated with this institutional mode address will not enter circulation. This process is completely independent of retail activity and is designed for institutional counterparties that trade under specific terms and have large positions. This withdrawal will not affect the YU balance or redemption rights of retail investors. YU held by retail investors remains fully valid. The redemption schedule will also proceed as planned. The complete redemption plan and schedule will be announced on December 15th.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Yala：赎回计划拟于12月15日公布，机构模式下原生BTC将从协议中移除Next article：
CME部分恢复 重要外汇平台重启
