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At Close: Jun 03, 2026
Stablecoin issuer Circle faces lawsuit over $230M Drift Protocol hack
09:35pm, Thursday, 16'th Apr 2026
Circle was accused of aiding and abetting the conversion of the stolen funds and negligence after it did not freeze funds stolen from the Drift Protocol in April.
HIFI Integrates Circle CCTP to Enable Cross-Chain USDC Payouts From Any Network
08:38pm, Thursday, 16'th Apr 2026
HIFI's new integration with Circle's CCTP and Payments Network lets developers send USDC payouts from Base, Arbitrum, or Optimism without manual bridging.
Erebor Bank launches USDC funding on Solana and SUI blockchains
02:15pm, Thursday, 16'th Apr 2026
Erebor Bank's USDC integration may enhance stablecoin legitimacy but lacks immediate impact on Solana's short-term market dynamics. Erebor Bank launches USDC funding on Solana and SUI blockchains.
Circle mints $750M USDC on Solana, traders remain cautious
12:23pm, Thursday, 16'th Apr 2026
Despite increased USDC minting on Solana, traders remain skeptical of a price surge, highlighting cautious sentiment amid regulatory clarity. Circle mints $750M USDC on Solana, traders remain cautious
Drift Taps Tether for $148 Million Recovery Plan, Ditches Circle's USDC Following DeFi Exploit
11:54am, Thursday, 16'th Apr 2026
Circle has faced pushback online for standing pat as actors used its cross-chain protocol to move stolen funds.
Tether backs Drift recovery with $127.5M as platform shifts from USDC to USDT
11:21am, Thursday, 16'th Apr 2026
Drift moves toward relaunch with Tether support and a shift to USDT after its $285M exploit.
Circle Chief Says China Could Issue Stablecoin in 3 to 5 Years
09:58am, Thursday, 16'th Apr 2026
The CEO of Circle says he sees “tremendous opportunity” stemming from a potential yuan-pegged stablecoin.
Coinbase De Risked as USDC Growth Lifts Outlook
09:31am, Thursday, 16'th Apr 2026
William Blair says Coinbase's selloff has de-risked the stock, while rising USDC revenue boosts a less cyclical outlook beyond trading volumes.
Drift secures up to $127 million from Tether for user recovery, pivots from Circle's USDC to USDT after $280 million exploit
09:30am, Thursday, 16'th Apr 2026
Drift Protocol said it has secured up to $127.5 million from Tether to support user recovery after the April 1 exploit.
Drift Protocol secures nearly $150M in recovery funding from Tether and partners as it drops USDC for USDT
09:15am, Thursday, 16'th Apr 2026
Drift Protocol's funding shift to USDT may enhance liquidity and solidify USDT's dominance in Solana's trading ecosystem, impacting market dynamics. Drift Protocol secures nearly $150M in recovery fun
Report: China Yuan Stablecoin Could Arrive in 3 to 5 Years, Circle CEO Says
09:09am, Thursday, 16'th Apr 2026
Circle CEO Jeremy Allaire told Reuters on Thursday that a yuan-backed stablecoin represents a “tremendous opportunity” for China as currency competition shifts onto blockchain infrastructure. Key
Circle (CRCL) Stock Climbs as CEO Highlights China Yuan Stablecoin Prospects
09:00am, Thursday, 16'th Apr 2026
Shares of Circle (CRCL) ticked upward by 1.8% in Thursday's pre-market session following CEO Jeremy Allaire's noteworthy remarks regarding China's possible entry into the stablecoin market — while a
Circle CEO Says Yuan Stablecoin Has Huge Global Potential
09:00am, Thursday, 16'th Apr 2026
Circle CEO Jeremy Allaire believes China has a strong opportunity to expand global yuan usage through a yuan-backed stablecoin.
Drift gets $148 million funding from Tether and partners as it replaces Circle stablecoin with USDT after massive exploit
09:00am, Thursday, 16'th Apr 2026
The money will be used by Drift to recover user funds after more than $270 million in clients assets were exploited this month, and will relaunch the protocol as a USDT-based perpetuals DEX on Solana.
Circle's Jeremy Allaire sees upside for yuan stablecoins as global trade expands
08:45am, Thursday, 16'th Apr 2026
Circle co-founder and CEO, Jeremy Allaire, is literally seeing dollar signs for yen-pegged yuan stablecoin as global trade and finance integrates digital money.
