Gate News Bot message, August 8, according to CoinMarketCap data, as of the time of writing, YALA (Yala) is currently priced at $0.39, having risen 95.45% in the last 24 hours, with a high of $0.40 and a low of $0.17. The current market capitalization is approximately $95.55 million, an increase of $46.70 million compared to yesterday. Currently, YALA ranks 389th in global Crypto Assets market capitalization.
Yala is a platform that mints $YU stablecoins by over-collateralizing Bitcoin, aimed at unlocking the liquidity of Bitcoin in the DeFi, real asset, and global payment sectors. Yala offers true autonomy: self-custody, low liquidation risk, and complete Bitcoin exposure. The project is dedicated to providing new yield opportunities for Bitcoin holders through a flywheel effect driven by long-term Bitcoin demand, liquidity, adoption, and growth.