Gate News Bot news, July 23, according to CoinMarketCap, as of the time of writing, YALA (Yala) is currently priced at $0.23, down 43.97% in the last 24 hours, with a high of $0.42 and a low of $0.18. The current market capitalization is approximately $57.1 million.
Yala is a platform that mints $YU stablecoins by over-collateralizing Bitcoin, aiming to unlock the liquidity of Bitcoin in DeFi, real assets, and global payments. Yala offers true autonomy: self-custody, low liquidation risk, and full Bitcoin exposure. The project drives liquidity, adoption, and growth in a virtuous cycle through long-term Bitcoin demand.
Important news about YALA recently:
1️⃣ **Yala Mainnet officially launched, releasing Bitcoin cross-chain liquidity**
Yala mainnet is now live