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

MeNews · 2026-04-07T04:47:25+00:00

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

MeNews

2026-04-07 04:47:25

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ME News update: On April 1 (UTC+8), Liquity officially posted on social media saying that stablecoin giant Circle has acquired Liquity. It also stated that this acquisition will allow Circle to provide users with unfreezable stablecoins and directly allocate profits in accordance with the “Clear Act.” Although the content is highly likely a prank from April Fools’ Day, it still caused the LQTY coin price to surge by more than 11%, currently trading at $0.295. At present, the official has not provided any further explanation. (Source: ChainCatcher)

LQTY-1.51%

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