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Category Circle
Tether uses $127M Drift rescue to challenge Circle’s grip on Solana payments
USDT stablecoin issuer Tether has stepped in to anchor a massive recovery plan for Drift Protocol, the Solana-based decentralized exchange (DEX) th...
Apr 17, 2026
6 min read
by CryptoSlate
Solana-Based Drift Protocol Announces $150M Recovery Fund, New Token Following Tether Collab
Solana-based decentralized exchange (DEX) Drift Protocol has shared the highly anticipated user recovery plan alongside Tether and other collaborat...
Apr 17, 2026
3 min read
by NewsBTC
Circle (CRCL) Sued Over $280M Drift Protocol Hack—What Plaintiffs Claim
Circle (CRCL), the issuer behind the USDC stablecoin, is facing a fresh lawsuit in Massachusetts tied to the $280 million Drift Protocol hack that ...
Apr 16, 2026
2 min read
by NewsBTC
Drift gets $148 million funding from Tether and partners as it replaces Circle stablecoin with USDT after massive exploit
The money will be used by Drift to recover user funds after more than $270 million in clients assets were exploited this month, and will relaunch t...
Apr 16, 2026
by CoinDesk
Circle CEO says China could launch yuan stablecoin within 3 to 5 years as currency race heats up
The pitch is global scale for the yuan, but capital controls, offshore limits and convertibility gaps still stand in the way
Apr 16, 2026
by CoinDesk