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Drift secures up to $127 million from Tether for user recovery, pivots from Circle’s USDC to USDT after $280 million exploit

By Naga Avan-Nomayo · Published April 16, 2026 · 1 min read · Source: The Block
EthereumRegulationStablecoinsSecurity

Drift Protocol said it has secured up to $127.5 million from Tether to support user recovery after the April 1 exploit.

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