[Yala: Redemption plan to be announced on December 15, native BTC under Institution Mode to be removed from the protocol] According to a report by Jinse Finance, the stablecoin protocol Yala stated on the X platform that all native BTC under Institution Mode will be removed from the Yala protocol. However, YBTC will not be completely destroyed, as some YU remains locked in the Euler pool and cannot be withdrawn. The YU associated with this Institution Mode address will not enter circulation. This process is entirely independent of retail activities and is specifically designed for institutional counterparties conducting transactions under specific terms and with larger holdings. This exit will not affect the YU balance or redemption rights of retail users. The YU held by retail users will remain fully valid, and the redemption schedule will proceed as planned. The complete redemption plan and schedule will be announced on December 15.