Drift Protocol secures $147.5M in funding, including $127.5M from Tether, to replace Circle stablecoin with USDT after a $270M exploit linked to North Korea (Will Canny/CoinDesk)
Techmeme [Unofficial]
April 16, 2026
Will Canny / CoinDesk: Drift Protocol secures $147.5M in funding, including $127.5M from Tether, to replace Circle stablecoin with USDT after a $270M exploit linked to North Korea — What to know: … Drift Protocol, the victim of a recent North Korean exploit, plans to relaunch with Tether's USDT as its settlement layer …
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