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protocol, but YBTC will not be completely destroyed, as part of the YU is still locked in the Euler pool and cannot be withdrawn.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
BTC drops below $74,000 during the trading session, with the RWA sector leading the market decline at 3.92%
On March 18, Gate News reported that the overall crypto market pulled back, with Bitcoin declining 1.92% to below $74,000 and Ethereum falling 1.30% to above $2,300. RWA, PayFi, and other sectors experienced widespread declines, though individual projects like Siren and River rose against the trend.
GateNews15m ago
Trader "Maji" reduces HYPE long positions and increases BTC long positions, with total holdings reaching $33.61 million.
On March 18, Bitcoin consolidated at higher levels, and HYPE surged above $42. Trader "Maji" reduced HYPE long positions and increased BTC long positions, with total holdings reaching $33.61 million, profiting $2.4 million over the past week. Positions include ETH, BTC, and HYPE.
GateNews15m ago
Cango Reports $285 Million Loss in Q4 Due to Surging Bitcoin Mining Costs
Cango Inc. reported a net loss of 19,283,746,565,748,392,01 million in Q4 2025, driven by high costs and asset value adjustments. Despite $179.5 million in revenue from Bitcoin mining, total operating costs reached 19,283,746,565,748,392,01 million. For the year, the company had a net loss of $452.8 million on $688.1 million in revenue, as it shifts focus to AI infrastructure.
TapChiBitcoin36m ago
Robert Kiyosaki Urges Bitcoin Accumulation Before Bubble Bursts, Predicts BTC 'to the Stars'
Rising fears of a market rupture are pushing investors toward alternative assets, as Robert Kiyosaki warns a fragile financial system could trigger a rapid repricing that sends bitcoin, ethereum, gold, and silver sharply higher.
Robert Kiyosaki Signals
Coinpedia1h ago
Bitcoin Core releases v31.0rc1 test version; the official version will be launched after subsequent testing is completed.
Gate News reported that on March 18, Bitcoin Core released v31.0rc1 release candidate version, which is the next major version following v30.2. The version is currently open for testing, and developers can download binary files and review release notes. The official version is expected to be released after subsequent testing is completed.
GateNews1h ago
Strategy First-ever week utilizing perpetual preferred shares as the primary financing tool, purchasing 22,337 BTC
Strategy announced on March 17 that it raised $1.18 billion through perpetual preferred stock (STRC) financing to purchase 22,337 Bitcoin, marking the fifth-largest acquisition. The STRC financing brought the company's total annual dividend obligations to over $1 billion. Going forward, the company will rely more heavily on STRC to avoid equity dilution, while also considering increasing dividends to support the stock price.
GateNews1h ago