Tether Steps In With $150M Support Plan After Drift Protocol Loses $285M in Exploit
Tether announced a recovery plan of up to $150 million to help Drift Protocol users recoup losses from an April 1 exploit that drained approximately $285 million from the Solana-based trading platform. Key Takeaways: Tet...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
Tether is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
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