Drift receives funding from @Tether. @DriftProtocol said it has secured a funding package of up to $150 million: up to $127.5 million will come from Tether, while partners will contribute another up to $20 million. The funds will be used to compensate users after the April hack, in which more than $270 million was stolen. After the deal, Drift plans to relaunch the protocol with USDT as its settlement asset, replacing Circle USDC. #Tether, #USDT, #USDC, #CryptoNews
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