Yala stablecoin YU has encountered suspicious situations similar to USDX, with related addresses borrowing USDC at extremely high interest rates but never repaying.

Odaily News The DeFi community YAM stated in a post on X that it has observed dangerous signals from the Yala stablecoin YU. An address closely related to Yala is fully borrowing USDC and most of the YU funds from the Yala Frontier market on Eulur, despite interest rates remaining high, there has been no repayment action. Currently, the market's capital utilization rate has reached 100%, meaning lenders cannot withdraw any liquidity. The Euler team has also set the borrowing limit for the Yala market on Frontier to zero. It is reported that the Yala team has not yet responded to the Euler team or Discord community users. YAM added that YU is still maintaining its pegged exchange rate on Solana, and there is nearly one million USD in the liquidity pool available for pegging prices. This article serves more as a risk warning; we are still uncertain whether Yala is truly in trouble.