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USDT0: Paused the cross-chain communication network on Solana within 90 minutes of the Drift security incident.
ME News Report, April 2nd (UTC+8), the full-chain stablecoin protocol USDT0 announced that following the security incident involving Drift on Solana, USDT0 responded within 90 minutes and paused its cross-chain communication network on Solana. Tether CEO Paolo Ardoino reposted and praised the USDT0 team’s response, stating that in times of security vulnerabilities and other difficulties, people and institutions tend to prefer solutions that can protect them. Foresight News previously reported that ZachXBT criticized Circle for not freezing USDC transfers in a timely manner during the Drift attack incident. (Source: Foresight News)