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CoinWorld News reports that on April 1st, Liquity's official social media announced that the stablecoin giant Circle has acquired Liquity. They also stated, "This acquisition will enable Circle to offer non-frozen stablecoins to users and directly distribute profits in accordance with the Clear Act." Although this content strongly resembles an April Fools' joke, it still caused the LQTY token price to surge over 11%, currently trading at $0.295. The official has not issued any further explanation at this time.