Market Capitalization:2 462 125 121 279,1 USD
Vol. in 24 hours:96 048 753 358,07 USD
Dominance:BTC 59,17%
ETH:10,96%
Market Capitalization:2 462 125 121 279,1 USD
Vol. in 24 hours:96 048 753 358,07 USD
Dominance:BTC 59,17%
ETH:10,96%
Market Capitalization:2 462 125 121 279,1 USD
Vol. in 24 hours:96 048 753 358,07 USD
Dominance:BTC 59,17%
ETH:10,96%
Market Capitalization:2 462 125 121 279,1 USD
Vol. in 24 hours:96 048 753 358,07 USD
Dominance:BTC 59,17%
ETH:10,96%
Market Capitalization:2 462 125 121 279,1 USD
Vol. in 24 hours:96 048 753 358,07 USD
Dominance:BTC 59,17%
ETH:10,96%
Market Capitalization:2 462 125 121 279,1 USD
Vol. in 24 hours:96 048 753 358,07 USD
Dominance:BTC 59,17%
ETH:10,96%
Market Capitalization:2 462 125 121 279,1 USD
Vol. in 24 hours:96 048 753 358,07 USD
Dominance:BTC 59,17%
ETH:10,96%
Market Capitalization:2 462 125 121 279,1 USD
Vol. in 24 hours:96 048 753 358,07 USD
Dominance:BTC 59,17%
ETH:10,96%
Market Capitalization:2 462 125 121 279,1 USD
Vol. in 24 hours:96 048 753 358,07 USD
Dominance:BTC 59,17%
ETH:10,96%
Market Capitalization:2 462 125 121 279,1 USD
Vol. in 24 hours:96 048 753 358,07 USD
Dominance:BTC 59,17%
ETH:10,96%
Yes

Circle addresses criticism of its USDC freeze policy after the Drift Protocol hack.

crypthub
Circle addresses criticism of its USDC freeze policy after the Drift Protocol hack.

Company Defense

Dante Disparte, Circle’s Chief Strategy Officer, defended the firm’s handling of the recent $270 million Drift Protocol exploit. He highlighted the company’s approach to exercising freeze authority over USDC. The remarks renewed attention on how quickly Circle should act in such incidents.

Public Reaction

Critics argued Circle should have intervened sooner to freeze the stolen tokens. The debate has focused on the stablecoin’s freeze policy. The response was detailed in the post “Circle responds to criticism over USDC freeze policy after Drift Protocol exploit,” first appearing on COINTURK NEWS.