Drift gets $148 million funding from Tether and partners as it replaces Circle stablecoin with USDT after massive exploit
Thursday, April 16th 2026, 1:00:00 pm
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The money will be used by Drift to recover user funds after more than $270 million in funds were exploited this month, and will relaunch Drift as a USDT-based perpetuals DEX on Solana.
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