Ripple Freezes $200M in RLUSD After $6.3B Binance Hack

Ripple has frozen approximately $200 million in RLUSD linked to the October 29 Binance security breach. The action placed Ripple alongside Tether and Circle in efforts to restrict stolen stablecoin holdings. The coordinated response also highlighted RLUSD’s freeze controls and growing role in institutional cryptocurrency operations. The Binance security incident triggered emergency action from major stablecoin issuers on October 29, 2026. Unauthorized transfers from Binance-linked hot wallets reportedly caused losses estimated at $6.3 billion. The incident now ranks as the largest cryptocurrency theft on record, surpassing the $1.5 billion Bybit hack in 2025.

Source: Crypto Breaking News