Hassan Maishera
On Thursday, the Pyth Network announced via X that $YU, a Bitcoin-backed stablecoin by Yala, is now live on Solana, Pyth, and over 100 other blockchains. With this launch, real-time pricing for $YU can now be tracked on Solana, powered by Pyth's high-frequency, aggregated price feeds.
Pyth Network is an innovative decentralized oracle that sources financial market data from over 90 first-party publishers, including major exchanges and market-making firms worldwide. PYTH is up by less than 1% in the last 24 hours and currently trades at $0.1032 per coin.
