PANews December 15 News, Yala announced a redemption plan. The core of the redemption system is the YU–USDC redemption pool, which allows users to deposit eligible assets and withdraw USDC on a 1:1 basis, but is subject to the monthly available redemption quota. Users can redeem the following deposited assets for USDC on a 1:1 basis, including Euler Yala Frontier USDC vault tokens and YU tokens on the Ethereum mainnet (all other chain YU tokens must be bridged back to the Ethereum mainnet before redemption, and redemption can only be executed in USDC). Starting from 20:00 Beijing time on December 15, 2025, the YU–USDC redemption pool will open for deposits. From January 2026, between the 15th and 25th of each month, new USDC quotas will be injected into the redemption pool. Users can choose to withdraw USDC in the current month or withdraw it later in a single transaction. By December 31, 2026, Yala will complete all YU–USDC redemptions based on the final results of judicial procedures following the September 14 incident or updated debt assessments. If any changes occur due to these legal procedures or re-evaluations, the team will update the community promptly.
Earlier in November, Yala released an analysis report on the liquidity events of the YU token and planned to determine a clear recovery path and specific solutions by 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
Circle Moves $68M in USDC to Speed Treasury Settlements
Circle processed $68M in intercompany transfers using USDC across 11 transactions involving eight global entities.
USDC settlements confirmed in under 30 minutes, replacing traditional bank wires that could take up to three days.
Faster settlement reduced cash-in-transit exposure and
CryptoFrontNews57m ago
CRCL Stock Rises as Oil Spike and USDC Activity Lift Circle Shares
Key Insights
Rising oil prices and inflation concerns lifted Treasury yields, increasing revenue potential for Circle as USDC reserves remain invested in U.S. Treasury securities.
USDC transaction activity surged during market volatility, surpassing USDT in monthly volume and highlighting
CryptoFrontNews2h ago
$USDT and $USDC Dominate Top Stablecoins By Market Capitalization
The essay discusses the market capitalization of stablecoins, highlighting Tether ($USDT) as the dominant player with a market cap of $183.9B, representing 58.58% of the total stablecoin market. It lists other significant stablecoins and their market positions, noting the total stable market cap is $320.06B.
BlockChainReporter4h ago
The USDC Treasury has minted a total of 500 million USDC twice on the Solana chain.
Gate News Report, on March 10, at 23:36 and 23:41 Beijing time, according to Whale Alert monitoring, USDC issuer USDC Treasury minted an additional 250 million USDC on the Solana chain, totaling 500 million USDC minted in two transactions (worth approximately $500 million).
GateNews5h ago
Bernstein is optimistic about Circle with a 70% increase! The target price is set at $190, with a positive outlook on stablecoins as AI and payment infrastructure.
Wall Street investment firm Bernstein's latest report is bullish on USDC issuer Circle, with a target price of $190 and an expected potential increase of 70%. As stablecoins become more widespread in cross-border payments and future AI applications, Circle is poised to become a key infrastructure for the next generation of online finance. The adoption of stablecoins shows strong growth, especially in the payments sector.
動區BlockTempo8h ago
Bernstein maintains Circle's outperform rating with a target price of $190, indicating a 70% upside potential.
Analyst Bernstein maintains a bullish outlook on stablecoin issuer Circle, with a target price of $190, expecting a 70% increase. The analysis points out that stablecoins are gradually decoupling from the crypto market, with USDC supply rebounding to approximately $78 billion, and the total stablecoin supply reaching $184 billion.
GateNews9h ago
