Tether backs $150 million recovery and relaunch plan for Drift Protocol
Comments Off on Tether backs $150 million recovery and relaunch plan for Drift Protocol
April 17, 2026
Tether has taken a decisive leadership role in stabilizing one of Solana’s largest perpetual trading venues, backing a $150 million recovery and relaunch plan for Drift Protocol after its April 1 exploit that resulted in $285 million in user losses. The…