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Tether Teams Up with Solana for $150 Million Recovery Program
Tether, the platform issuing the leading stablecoin $USDT, has partnered with Solana Foundation, the non-profit platform backing the Solana blockchain. The partnership takes into account the launch of a $150M recovery program. As Tether mentioned in its official social media post, the plan backs impacted consumers and benefits the Drift Protocol’s relaunch. Additionally, the development occurs at a point when the crypto market keeps navigating security-related and operational challenges. Tether and Solana Foundation’s $150M recovery program reflects a notable initiative to boost trust while also increasing ... (full story)
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