Business

Circle, Tether freeze funds impacted by potential Binance 'security issue'

CNBC October 29, 2026 18 views

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Circle and Tether have frozen certain funds after a potential security issue was reported at Binance, the world’s largest cryptocurrency exchange.

Binance said it is actively investigating the matter and that the assets involved are “completley safe.”

The freeze affects holdings managed by Circle and Tether, the issuers of the US dollar‑pegged stablecoins that are widely used in crypto trading.

Both companies have not yet released further details about the scope of the freeze or the specific impact on users.

“completley safe.”

<small>Source: CNBC — read the original story there.</small>

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