Ripple and World Liberty Freeze $227M Linked to Binance Hack
Ripple and World Liberty Financial have joined the industry-wide effort to freeze funds stolen from Binance.
Ripple and World Liberty Financial have joined the industry-wide effort to freeze funds stolen from Binance. Tether (USDT) is trading at $0.9991. This is an original TLT brief based on reporting by Bitcoin.com, with live market data added, as of Fri, 30 Oct 2026 09:45:03 UTC.
This coordinated action by major crypto firms to freeze stolen assets demonstrates the industry's ability to respond to large-scale security breaches, though it also highlights ongoing vulnerabilities in crypto exchange security.
- Ripple froze ~$200M and World Liberty ~$27M in USD1 linked to Binance hack.
- Tether, Circle, and Coinbase previously joined the freeze effort.
- USD1 market cap remains at $3.87B despite the freeze.
- Binance Faces Potential $2.5B Hack as Massive Token Transfers Raise Alarm
- Binance Suffers $2B+ Security Breach as Stablecoin Issuers Freeze Funds
- Ripple and World Liberty Freeze $227M Linked to Binance Hack — this brief
In an unusual display of industry-wide cooperation, Ripple and
World Liberty Financial have joined the effort to freeze funds stolen from Binance. Ripple has reportedly frozen approximately $200 million in
USD1 tokens, while World Liberty Financial has frozen around $27 million.
This action follows earlier moves by
Tether, Circle, and Coinbase, which have also participated in the freeze of assets linked to the hack. The coordinated response highlights the industry's ability to collectively address large-scale security breaches.
Despite the freeze, the circulating supply of USD1 remains at $3.89 billion according to DeFiLlama, suggesting that the majority of the stablecoin's supply is unaffected. However, the market cap of USD1 has slightly decreased to $3.87 billion.
The broader crypto market remains under pressure, with
Bitcoin down 2.61% in the last 24 hours and the overall market cap at $2.68 trillion. The Fear & Greed Index stands at 30, indicating a state of fear among investors.
The freeze of stolen assets is a significant development in the ongoing Binance crisis, but it also raises questions about the security measures in place at major crypto exchanges and the potential for future breaches.
Since this brief published about 1 hour ago, Tether (USDT) has moved from $0.999 to $0.9991 — +0.01%.
The chart plots USDT'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 USDT ≈ ₦1,374.87 (about $0.9991), up 0.0% over 24 hours. The naira itself trades about 2.2% 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 · October 30, 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.
Ripple and World Liberty Freeze $227M Linked to Binance Hack — questions & answers
How much has Ripple frozen in relation to the Binance hack?
Ripple has frozen approximately $200 million in USD1 tokens.
What other companies have joined the freeze effort?
Tether, Circle, and Coinbase have also participated in the freeze of assets.
What is the current market cap of USD1?
The USD1 market cap is $3.87 billion, according to DeFiLlama.
How much is 1 Tether worth in naira today?
About ₦1,374.87 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.9991. The naira price moves with both USDT's US-dollar price and the USDT/NGN rate; use our Tether in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Bitcoin.com. 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.