Tether CEO Paolo Ardoino said Tether froze more than 1.567B USDT tied to a potential Binance hack, writing that protecting the industry and partners is the priority. Ardoino post

The same figure was quickly reported as more than $1.567 billion in USDT linked to the suspected hack. fintechfrank post

CoinDesk then tallied more than $2.39 billion frozen across three issuers: $1.567B USDT confirmed by Ardoino, more than $800M USDC reported by Circle CEO Jeremy Allaire, and $27M USD1 reported by World Liberty Financial CEO Zach Witkoff. CoinDesk post

Those freezes were part of a larger incident. Binance estimates around $6.3B in impact and later said around $3B was frozen on-chain, up from a verified $2.54B on Oct 29, with the rest including Ripple, WLFI and Arbitrum freezes. Binance update Binance frozen total Binance $3B

Binance says user funds are safe, losses will be covered from SAFU and company funds, deposits are normal and withdrawals were expected back in about 45-48 hours. Binance service update Binance investigation update