Tether froze more than 1.567B USDT related to a potential Binance exchange hack.

First reported Oct 29, 2026, 21:25 UTC

Source reports

Tether froze more than 1.567B USDT related to a potential Binance exchange hack. Protecting the industry and our partners is our main priority. Stay safe everyone. — @paoloardoino (X), Oct 29, 2026, 21:25 UTC
Tether has frozen more than $1.567 billion in USDT linked to a potential hack of Binance, according to Tether CEO Paolo Ardoino. “Protecting the industry and our partners is our main priority,” Ardoino said. — @fintechfrank (X), Oct 29, 2026, 21:30 UTC
UPDATE: Tether, Circle and World Liberty Financial have frozen more than $2.39 billion in stablecoins linked to the suspected Binance hack. Tether CEO Paolo Ardoino confirmed $1.567 billion in USDT frozen. Circle CEO Jeremy Allaire reported more than $800 million in USDC. World… — @CoinDesk (X), Oct 29, 2026, 22:54 UTC

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