Solana $1B USDC Mint Coincides With Drift App Shutdown and Unfinished Recovery
A fresh $1 billion USDC mint on Solana occurred simultaneously with the shutdown of the Drift DeFi application, leaving users with an unfinished asset recovery process. The juxtaposition of new stablecoin liquidity entering the network alongside a major protocol shutdown was noted in reporting.
A fresh $1B USDC mint on Solana was reported alongside the Drift protocol app shutdown and incomplete user recovery process.
Story timeline · 4 days
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- Jun 18, 20264· this storySolana $1B USDC Mint Coincides With Drift App Shutdown and Unfinished Recovery
A fresh $1B USDC mint on Solana was reported alongside the Drift protocol app shutdown and incomplete user recovery process.
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