YU is a crypto-backed US dollar stablecoin. It has about $3.3M in circulation, ranking #170 among the stablecoins CoinScoop tracks, and runs on 3 blockchains.
YU price
$0.3837
Depegged Circulating supply
$3.3M
30-day change
+0.8%
Price
$0.3837
Blockchains
3
Tracked since
May 2025
What is YU?
YU is a crypto-backed US dollar stablecoin. It has about $3.3M in circulation, ranking #170 among the stablecoins CoinScoop tracks, and runs on 3 blockchains.
In the issuer's words: Yala Protocol allows users to lock Bitcoin as collateral to mint YU stablecoins. YU serves as both an asset and a tool, connecting Bitcoin with any ecosystem. Users can borrow, earn interest, and gain seamless access to DeFi applications across multiple chains.
YU supply history
$130M$0
Oct 8, 2025Oct 8, 2026
$158M$0
May 20, 2025Oct 8, 2026
YU supply grew 0.8% over the past 30 days, to $3.3M. Its peak was $153M (face value) in September 2025, and token supply is 85% below that high.
Is YU holding its peg?
Last price
$0.3837
Target
1.0000 USD
Status
DepeggedYU is trading more than 2% below its target, so treat it as depegged. Check the issuer's announcements and redemption status before acting.
Where YU lives: supply by blockchain
Supply is concentrated: Ethereum holds 82% of all YU. Moving it to another chain means bridging, or a mint and redeem through the issuer.
How YU is backed
YU is minted against crypto collateral locked in smart contracts, usually worth more than the stablecoins issued, with liquidations or hedges protecting the peg.
Minting and redemption: Users mint YU by depositing Bitcoin as collateral assets into the Yala Protocol. When the loan is repaid to retrieve the collateral, the paid back YU is burned.
YU risks
Collateral and liquidations
A sharp crash in the crypto collateral can outrun liquidations and leave the system under-backed.
Smart contracts and oracles
Bugs, governance attacks or bad price feeds can drain collateral or trigger wrongful liquidations.
Small and thinly traded
With $3.3M in circulation, exiting a large position may move the price. Redemption may be limited to approved customers.
Bridged versions
Copies of a stablecoin moved by third-party bridges depend on those bridges. Prefer the issuer's native contract on each chain.
Currently off peg
At the last update YU traded at $0.3837 against a target of 1.
Regulation
Rules such as the US GENIUS Act and the EU's MiCA can restrict which stablecoins exchanges list in a given country.
YU vs USDT and USDC
Similar crypto-backed stablecoins
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YU in the news
Aave Horizon proposes mWIN with zero borrowing power
Stripe and Advent Offer $53B to Acquire PayPal at 28% Premium, PYPL Surges 15%
Velocity Raises $38M Series A to Build Enterprise Stablecoin Treasury Rails, Backed by Dragonfly and Coinbase Ventures
YU FAQ
What is YU?
YU is a crypto-backed US dollar stablecoin. It has about $3.3M in circulation, ranking #170 among the stablecoins CoinScoop tracks, and runs on 3 blockchains.
Is YU pegged 1:1 to the US dollar?
YU targets 1 USD. At the last update it traded at $0.3837, a deviation of -61.63%, which we classify as "depegged".
What backs YU?
YU is a crypto-backed stablecoin. YU is minted against crypto collateral locked in smart contracts, usually worth more than the stablecoins issued, with liquidations or hedges protecting the peg.
Which blockchains is YU on?
YU is live on 3 blockchains. The largest by supply are Ethereum ($17.7M), Solana ($3.8M), BSC ($253).
How much YU is in circulation?
About $3.3M of YU was in circulation at the last update, +0.8% over 30 days. That makes it the #170 stablecoin by supply among those we track.
Is YU safe?
No stablecoin is risk-free. As a crypto-backed design, YU's main risks are falls in collateral value that outpace liquidations, smart-contract and oracle failures, and, for hedged designs, negative funding rates or exchange counterparty risk. Its supply is small, so liquidity can be thin. It currently shows "depegged" on our peg monitor. This page is information, not investment advice.