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  "path": "/tether-uses-127m-drift-rescue-to-challenge-circles-grip-on-solana-payments/",
  "publishedAt": "2026-04-17T11:30:41.000Z",
  "site": "https://cryptoslate.com",
  "tags": [
    "Deals",
    "DeFi",
    "DEX",
    "Featured",
    "Payments",
    "Stablecoins",
    "Circle",
    "Solana",
    "Tether",
    "USDC",
    "USDT",
    "Tether uses $127M Drift rescue to challenge Circle’s grip on Solana payments",
    "CryptoSlate"
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  "textContent": "USDT stablecoin issuer Tether has stepped in to anchor a massive recovery plan for Drift Protocol, the Solana-based decentralized exchange (DEX) that was crippled by a $286 million exploit earlier this month. However, the rescue package includes a potent commercial string that could challenge Circle's dominance of USDC on the Solana blockchain. According to the recovery plan, Drift […]\n\nThe post Tether uses $127M Drift rescue to challenge Circle’s grip on Solana payments appeared first on CryptoSlate.",
  "title": "Tether uses $127M Drift rescue to challenge Circle’s grip on Solana payments"
}