News linked to both this project and an event.
According to Odaily, Drift Protocol has released a user recovery plan for the approximately $295 million security vulnerability incident on April 1, which was attributed to a North Korean-backed hacker group. Under the plan, Drift will issue receipt tokens representing users' verified losses, with each token corresponding to $1 in losses, allowing holders to gradually redeem based on the recovery pool's funding size.Currently, the recovery pool has initial funding of approximately $3.8 million. Subsequent funding sources include up to $127.5 million from exchange revenue, Tether-backed funds, and up to $20 million from partner contributions, aiming to cover total losses of approximately $295.4 million. Drift has frozen approximately $3.36 million in USDC and has established a public bounty program offering 10% of recovered assets. It is expected to relaunch the exchange in a "security-first" model during the second quarter. (CoinDesk)
SoFi Technologies has announced the expansion of its stablecoin, SoFiUSD, to the Solana network, attracted by its low costs, high throughput, and rapid settlement capabilities.Launched in 2025 as a fully reserved US dollar-pegged stablecoin, SoFiUSD was initially deployed on Ethereum, designed to provide banks, fintech companies, and enterprises with near real-time settlement infrastructure available 24/7.As the regulatory framework gradually becomes clearer, banks and financial institutions are accelerating their entry into the stablecoin赛道, competing with major issuers such as Tether and Circle.
According to monitoring by on-chain analyst Specter, the Wasabi Protocol attacker has deposited all stolen funds into Tornado Cash, moving approximately $5.9 million into Tornado Cash. Additionally, North Korean hacking groups have also used Tornado Cash to launder stolen funds from KelpDAO and LayerZero. Their process involved first cross-chaining the assets to Bitcoin, then routing them through Wasabi Mixer, extracting and cross-chaining back to Ethereum, depositing into Tornado Cash, subsequently withdrawing to new wallets and dispersing across multiple addresses. The new wallets then deployed tokens, used the stolen funds to buy in, removed liquidity from the deployment wallet, cross-chained to Tron (USDT), held for several hours or days, and finally sent to OTC-related wallets.
According to the official announcement, Binance Futures will launch AMDUSDT, QCOMUSDT, and USARUSDT—three USD-quoted perpetual contracts—in phases on May 6, 2026. These contracts track the stock prices of Advanced Micro Devices (AMD), Qualcomm (QCOM), and USA Rare Earth (USAR), respectively. Each contract offers up to 10x leverage, a funding rate cap of ±2%, and funding settlements every eight hours. The contracts support multi-asset margin mode, enabling users to use non-USDT assets such as BTC as margin.
data from Memento Research shows the monthly spending volume of crypto payment cards has risen to $600 million, a six-fold increase from a year ago. Cumulative on-chain transaction volume has reached $7.2 billion, with a total of 24 million transactions completed, involving 1.36 million wallet addresses. Among them:1. 62.5% of transactions are settled using Tether (USDT), indicating that stablecoins are gradually becoming the underlying infrastructure for consumer payments;2. Approximately 90% of transactions are completed via the Visa network;3. On-chain data also shows that the Solana ecosystem contributed about $348 million in transaction volume, while Jupiter’s Jupiter Global saw a month-over-month growth of 660%.
Paolo Ardoino, CEO of stablecoin issuer Tether, stated in a post on platform X that Tether may need to promote integration between WDK and QVAC in the future to support the development of Agent Cards-related features. Analysts believe this direction could help improve the connection layer between AI agents and crypto payment infrastructure, providing more efficient underlying support for automated application scenarios.
According to Financialit, stablecoin financial services platform UnblockPay has announced the completion of a $4.5 million seed funding round, led by Prelude, with participation from Plug and Play, Wintermute, Reverie, Signature Ventures, Triaxis Capital, Crescera Capital, and a group of angel investors. The new capital will support the development of regulated financial products, enabling businesses to integrate stablecoins into their day-to-day financial operations and facilitating seamless conversions between fiat currencies and major stablecoins such as USDC and USDT for enterprise users.
According to Bitcoin.com News, Bitso, one of Latin America’s largest cryptocurrency service providers, has released its “2025 Latin American Crypto Landscape Report.” The report shows that nearly 40% of cryptocurrency purchases in the region in 2025 involved U.S. dollar-pegged assets such as USDT and USDC. The analysis draws on data from nearly 10 million customers across key markets including Argentina, Brazil, Colombia, and Mexico.
Odaily Planet Daily reported that Tether has released its assurance report for the first quarter of 2026, with a net profit of approximately $1.04 billion for the quarter.As of March 31, 2026, Tether's excess reserves reached an all-time high of $8.23 billion. The company's total assets currently stand at approximately $191.8 billion, with total liabilities of around $183.5 billion, resulting in assets exceeding liabilities by $8.23 billion. In terms of reserve allocation, Tether directly and indirectly holds approximately $141 billion in U.S. Treasury bonds, in addition to about $20 billion in physical gold and $7 billion in Bitcoin.Tether CEO Paolo Ardoino stated that the company's goal is to ensure the stable operation of USD₮ under all market conditions by maintaining a simple structure and extremely high liquidity to navigate macroeconomic fluctuations.
According to the latest data from the omnichain stablecoin USDT0, its user base is primarily retail: approximately 99.2% of holders have wallet balances under $1,000, only about 1,200 addresses hold between $100,000 and $1 million, and just 35 addresses hold over $10 million.The report notes that the main use case for USDT0 is small-value cross-chain transfers, with active users primarily engaged in daily transactions rather than large fund flows. However, in terms of transaction volume, single transfers exceeding $1 million still account for approximately 68.8% of the total transfer volume.USDT0 was launched by Everdawn Labs and is supported by LayerZero and Tether, pegged 1:1 to USDT. It has currently expanded to 23 chains, with a total transaction volume of $86.7 billion, becoming the third-largest holder of USDT, trailing only Binance and OKX. (The Block)
According to The Block, Oobit—a wallet startup backed by Tether—has launched virtual “Agent Cards,” enterprise expense cards powered by Visa and designed for AI agents. These cards enable AI bots to make online purchases directly using their USDT balances, eliminating the need to convert to fiat currency or obtain manual, per-transaction approval. Each agent card features individual spending limits, category-level expenditure controls, and per-transaction or per-merchant caps. Every transaction automatically generates a human-readable record and supports integration with payment platforms such as Stripe for handling subscription billing and vendor payments.
Aurelion, the Nasdaq-listed treasury company of Tether Gold, released its financial report for the second quarter of fiscal year 2026, disclosing an accelerated transition to a digital gold treasury asset company. As of March 31, 2026, it held 33,318 XAUT tokens, with a net asset value of $116.4 million, corresponding to a NAV per share of $3.16. Additionally, the company has committed 10,000 XAUT tokens, worth approximately $48 million, to the XAUE protocol. This initiative aims to deploy tokenized gold assets to generate potential returns while maintaining underlying gold exposure. (PRNewswire)
It is reported that Bybit Spot officially launched MegaETH (MEGA) on April 30. To celebrate the listing, the platform has simultaneously launched a $100,000 USDT Token Splash trading competition, where users can trade MEGA to win generous rewards.
AethirClaw has officially launched CARA (Pre-configured Crypto AI Agent), running on Aethir's decentralized GPU infrastructure. Equipped with over 50 skills, it covers core crypto scenarios such as real-time market monitoring, whale wallet tracking, on-chain analysis, social media sentiment monitoring, and project due diligence, and users can use it out-of-the-box without any technical configuration.The platform supports payments via credit card as well as USDT, USDC, and ATH tokens. Aethir also disclosed that it will soon launch a Model-as-a-Service (MaaS) layer, running mainstream open-source large models on Aethir's decentralized GPU infrastructure, and expand multimodal capabilities including text-to-image and video generation.
Odaily Planet Daily: According to official announcements, Gate will list MegaETH (MEGA) for spot trading at 19:00 (UTC+8) on April 30, and will launch MegaETH (MEGA) perpetual futures live trading (USDT-settled) at 19:10 (UTC+8), supporting 1-20x leverage.Gate will add MEGA unified account lending and isolated margin trading pairs at 19:10 (UTC+8) on April 30, simultaneously launching MEGA staking products, flexible lending, and fixed-term mortgage lending features. MEGA trading bots and copy trading will become available within 1 hour after the perpetual futures launch. MEGA flash swap and DCA features will be rolled out gradually starting 1 hour after the spot trading goes live.
According to the official announcement, HTX has launched the “Spring Travel Season” trading competition. From now until May 9 at 18:00 (UTC+8), users who register and participate in spot trading of BTC, ETH, SOL, XMR, or LTC—or USDT-denominated perpetual contracts of DOGE, PEPE, XAG, TRUMP, or XMR—and complete designated tasks will accumulate “Miles.” Prizes totaling $50,000 will be distributed among participants based on their Mile rankings. Additionally, users who fulfill both the spot holding requirements and complete daily contract trading check-ins for the entire duration will qualify for a lottery draw, sharing an extra $1,500 prize pool.
Odaily, According to the official announcement, BitMart will list MegaETH (MEGA) at 19:00 on April 30 (UTC+8), opening the MEGA/USDT trading pair for this listing.MegaETH is the first real-time blockchain, allowing crypto applications to fully leverage their potential with extreme performance. MegaETH is secured by Ethereum and features a heterogeneous architecture with a hyper-optimized execution environment. It offers streaming throughput with 10-millisecond latency, reaching up to 100,000 TPS. Developers can build applications utilizing a real-time state stream, while users can enjoy instant transactions, all while retaining Ethereum's full composability.
According to the official announcement, HTX (formerly Huobi) has launched MEGA/USDT and AIGENSYN/USDT perpetual contracts on April 30, with a maximum leverage of 20x for both. Concurrently, HTX is hosting a MEGA & AIGENSYN Contract Trading Party from 15:00 on April 30 to 15:00 on May 7 (UTC+8), with a total prize pool of $20,000. During the event, users who register and trade MEGA/USDT and AIGENSYN/USDT perpetual contracts—achieving a cumulative effective trading volume of ≥$5,000—will share the prize pool based on their trading volume ranking. Additionally, new contract traders will receive exclusive benefits upon completing trades in MEGA/USDT and AIGENSYN/USDT perpetual contracts.
Odaily Odaily News According to official sources, Gate Alpha officially launched its May Day special event at 14:00 (UTC+8) on April 30. Users can trade designated hot tokens to participate in sharing a total airdrop reward worth over $100,000. This event features a dual reward mechanism for basic and advanced tiers: For the basic tier, users can earn one chance to draw a regular mystery box for every 200 USDT traded, with a total prize pool of approximately $30,000, a 100% win rate, and prizes including an iPhone 17, GT tokens, and Alpha fee rebate vouchers. For the advanced tier, once users have traded up to 2,000 USDT, every additional 500 USDT traded grants one chance to draw a premium mystery box, with a total prize pool of approximately $76,000, and prizes including an iPhone 17 Pro Max, substantial GT tokens, and substantial Alpha fee rebate vouchers. Additionally, inviting friends to complete their first trade of 100 USDT will grant extra rewards to both the inviter and the new user. All rewards are distributed in real-time and are available only while supplies last.Gate Alpha now supports popular public chains including SOL, ETH, Gate Layer, BNB Chain, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, and Berachain. It also enables seamless cross-chain token trading through a contract address search function, unlocking cross-chain trading pathways and offering users all on-chain tokens at their fingertips.
according to an official announcement, Binance will list the USDT/KZT spot trading pair at 16:00 (Beijing Time) on May 4, 2026, and will simultaneously activate the spot algorithmic order trading bot service for this trading pair. KZT is a fiat currency, supporting deposits and withdrawals via bank transfer or Mastercard with zero fees.