Tether @tether's joint partners have provided up to $147.5 million in funding to the attacked Drift Protocol and plan to use it as a settlement layer to support the project's restart.

With the assistance of partners like Tether, Drift Protocol has recovered $127 million out of the $280 million attack, but $153 million remains unrecovered.
Drift Protocol is shifting from using USDC to adopting USDT as its primary stablecoin, partly due to dissatisfaction with the slow freezing process of USDC funds.
Participation method: perform bridge interaction.