Tether announces $150M recovery program for Drift Protocol post-hack
Tether announced a $150 million recovery program to support Drift Protocol relaunching following its major hack.
Published 13sem1 sourceImportant
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The fact
This capital will be used to restore protocol liquidity and partially compensate users affected by the theft.
This major Tether intervention highlights the growing role of stablecoin issuers as stabilizers of crisis-hit decentralized ecosystems.
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