Binance Resumes USDT and USDC Withdrawals After Brief Halt
Binance has restored withdrawals for USDT and USDC on Ethereum and BNB Smart Chain after a temporary suspension.
Binance has restored withdrawals for USDT and USDC on Ethereum and BNB Smart Chain after a temporary suspension. Ethereum (ETH) is trading at $2,267.11, up 0.2% since this brief published. This is an original TLT brief based on reporting by Live Bitcoin News, with live market data added, as of Sun, 01 Nov 2026 14:30:04 UTC.
The restoration of withdrawals for major stablecoins is crucial for maintaining user confidence and liquidity on the platform, especially after a halt that could have signaled deeper issues.
- Binance resumed USDT and USDC withdrawals on November 1, 2026.
- Withdrawals are now active on Ethereum and BNB Smart Chain.
- USDT and USDC have a combined market cap of over $250 billion.
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- Binance Pauses Withdrawals Amid Suspected $3.3B-$5.8B Security Breach
- Tether Freezes $1.567 Billion USDT Tied to Binance Cyberattack
- Binance Resumes Withdrawals in Phases as BNB Stabilizes Near $707
- Binance Resumes Key Stablecoin and Token Withdrawals Post-Hack
- Binance Resumes USDT and USDC Withdrawals After Brief Halt — this brief
- Binance Resumes Solana Token Withdrawals After Security Incident
Binance has reinstated withdrawals for 
Tether (USDT) and USD Coin (USDC) after a temporary suspension, according to Live 
Bitcoin News. The resumption of withdrawals began on November 1, 2026, between 06:00 and 09:00 UTC.
The restoration of withdrawals is currently limited to the 
Ethereum and 
BNB Smart Chain networks, which are critical for the liquidity of these stablecoins on the platform. This move is likely aimed at reassuring users and maintaining trust in the exchange's operations.
The suspension and subsequent restoration of withdrawals for USDT and USDC come at a time when the combined market cap of these stablecoins exceeds $250 billion, highlighting their importance in the broader crypto market.
The broader crypto market remains relatively stable, with a total market cap of $2.68 trillion. Bitcoin is up 0.49% in the last 24 hours, while Ethereum has gained 0.57%. The Fear & Greed Index stands at 34, indicating a 'Fear' sentiment among investors.
The restoration of withdrawals is a positive development for Binance, but it remains to be seen if the exchange will provide further details on the reasons for the initial suspension. Users and investors will be watching closely for any additional updates.
Since this brief published about 4 hours ago, Ethereum (ETH) has moved from $2,261.54 to $2,267.11 — +0.25%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ETH ≈ ₦3.12M (about $2,267.11), up 0.9% over 24 hours. The naira itself trades about 2.4% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 1, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Binance Resumes USDT and USDC Withdrawals After Brief Halt — questions & answers
Why did Binance suspend USDT and USDC withdrawals?
The exact reason for the suspension is not specified in the report.
Which networks are withdrawals now active on?
Withdrawals are active on Ethereum and BNB Smart Chain.
What is the combined market cap of USDT and USDC?
The combined market cap of USDT and USDC is over $250 billion.
How much is 1 Ethereum worth in naira today?
About ₦3.12M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $2,267.11. The naira price moves with both ETH's US-dollar price and the USDT/NGN rate; use our Ethereum in naira page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is up 0.25% since this brief first published — trading at $2,267.11 now versus $2,261.54 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Live Bitcoin News. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.