Suspected April Fools' joke, Liquity claims it has been acquired by Circle, causing the token price to surge over 10%

BlockBeatNews · 2026-04-01T06:36:24+00:00

Liquity officially announces acquisition by stablecoin giant Circle, stating that it will provide non-freezable stablecoins and distribute profits according to the "Clear Act." Although this news was suspected to be an April Fools' joke, the LQTY token price temporarily surged by over 11%.

BlockBeatNews

2026-04-01 06:36:24

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BlockBeats message, April 1, Liquity’s official account posted on social media stating that stablecoin giant Circle has acquired Liquity. It also said, “This acquisition will allow Circle to provide users with stablecoins that cannot be frozen, and to directly distribute proceeds in accordance with the ‘Clear Act.’”

Although the content is highly likely to be an April Fools’ Day prank, it has still caused the LQTY coin price to surge by more than 11%, with the current price at $0.295.

At present, the official has not yet provided any further explanation.

LQTY2.21%

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