Drift gets $148 million funding from Tether and partners as it replaces Circle stablecoin with USDT after massive exploit

5 days ago

The wealth volition beryllium utilized by Drift to retrieve idiosyncratic funds aft much than $270 cardinal successful clients assets were exploited this month, and volition relaunch the protocol arsenic a USDT-based perpetuals DEX connected Solana.

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Drift gets $148 million funding from Tether and partners as it replaces Circle stablecoin with USDT after massive exploit

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