DEFI OUTFLOWS

Apr 22 2026CRYPTO

Stablecoin Leaders Face a Stress Test After Big Crypto Heist

The recent hack on the Solana-based Drift Protocol left a trail of stolen funds and a question mark over stablecoin trust. Within days, Tether’s USDT pushed past its own record cap while Circle’s USDC grew at half that speed. Why? Users pulled more than a billion dollars out of lending pools after t

reading time less than a minute