Tether, Circle, Ripple, USD1, Paxos and Starknet freeze $2.62B+ in stablecoins tied to suspected Binance hack

Tether froze $1.567B USDT, Circle froze ~$823M USDC, Ripple froze ~$200M RLUSD, USD1 froze $27M, Paxos froze ~$7.6M in ETH and Starknet froze $19, with Arbitrum freezing $30.5M, all linked to the suspected Binance hack, totaling $2.62B+ frozen. Circle CEO Jeremy Allaire said the freeze was coordinated with law enforcement. Issuers can freeze stablecoins unlike native crypto.

Detected & updated continuously · Source: Nebula