USDT
USDT was a major asset outflow in the Binance hack, with 2.49 B USDT drained and over $1.567 B frozen by Tether. CEO Paolo Ardoino announced the freeze of more than $1.567 B for the $2 B outflow; Tether also froze $1.79 B and $975.1 M in its main receiving address. The freeze was coordinated with law enforcement to protect the industry and affected users. Eligible users can take positions using USDT in an XT Spot account Binance reserves $5 billion of company funds in USDT. Tether's reserves include a $7.95 billion USDT cushion. S&P Global Ratings gave USDT a ‘weak’ rating in November 2025. S&P Global Ratings’ rating of USDT is due to Bitcoin exposure above the buffer. Paolo Ardoino says he is responsible for keeping USDT dependable. Tether freezes USDT On Ethereum, the hackers converted about 434 million USDT into 160,451 ETH through Uniswap On Ethereum, the hackers converted about 434 million USDT into 160,451 ETH through 1inch The hackers converted about 234 million USDT for 638 million TRX through SunSwap USDT → CONVERTED_TO → Ether The plan keeps USDT at zero collateral borrowing power for new borrowing $300 billion of stablecoin supply already circulating on Ethereum $300 billion of stablecoin supply already circulating on Tron USDT has been used on Bitcoin USDT was first issued on Bitcoin via Omni protocol USDT was issued via the RGB protocol Tether announced plans to launch USDT on RGB in August 2025 USDT moves through Lightning Network payment channels USDT is available on Bitcoin Signet test network through early‑access minting Existing USDT is locked on Arbitrum before minting on Bitcoin· Entity summary generated by Graphiti
Relation timeline
BY VALID-FROM DATE- USDTEXTENDS TOLightning Network
USDT is planned to extend to the Lightning Network in Q1 2027
- SberbankTRADES COINUSDT
Sberbank will trade USDT for its clients as part of the December 1 launch
- UtexoLAUNCHESUSDT
Utexo will launch USDT on Bitcoin
- USDTAVAILABLE ONBitcoin
USDT becomes publicly available on the Bitcoin network on 2026-11-28
- LlamaRiskSET ZERO COLLATERAL POWER FORUSDT
The plan keeps USDT at zero collateral borrowing power for new borrowing
- USDTCONVERTED TOEther
USDT → CONVERTED_TO → Ether
- TetherFREEZESUSDT
Tether freezes USDT
- TetherHAS USDT CUSHIONUSDT
Tether's reserves include a $7.95 billion USDT cushion.
- Paolo ArdoinoRESPONSIBLE FORUSDT
Paolo Ardoino says he is responsible for keeping USDT dependable.
- BinanceRESERVES TOKEN OFUSDT
Binance reserves $5 billion of company funds in USDT.
- USDTIS USED INXT Spot account
Eligible users can take positions using USDT in an XT Spot account
- Paolo ArdoinoFROZEN ASSETSUSDT
Paolo Ardoino said Tether froze more than $1.567 billion in USDT
- XT ExchangeOFFERS USDT SETTLED PRODUCTSUSDT
XT Exchange offers USDT‑settled perpetual futures that track equity price movements
- BinanceFREEZES ASSETUSDT
Binance freezes the asset Tether USDt (USDT).
- Paolo ArdoinoFREEZEDUSDT
Paolo Ardoino FREEZED USDT
- USDTCONVERTED USDT TO ETH IN 1INCHEthereum
On Ethereum, the hackers converted about 434 million USDT into 160,451 ETH through 1inch
- USDTCONVERTED USDT TO ETH IN UNISWAPEthereum
On Ethereum, the hackers converted about 434 million USDT into 160,451 ETH through Uniswap
- USDTCONVERTED USDT TO TRX IN SUNSWAPTRX
The hackers converted about 234 million USDT for 638 million TRX through SunSwap
- USDTDEPOSITED TOAave
USDT was deposited into Aave
- BinanceOUTFLOWEDUSDT
Binance outflowed USDT
- TetherFROZEUSDT
Tether froze $1.79 billion USDT
- TetherFROZEN TOKENUSDT
Tether froze 975.1 million USDT in the main receiving address
- TetherFREEZEDUSDT
Tether initiated a freeze request targeting approximately $971.1 million in USDT
- Binance 14MOVEDUSDT
Binance 14 MOVED USDT
- Binance 14TRANSFERREDUSDT
Binance 14 transferred approximately 1.615 billion USDT
- TetherFREEZESUSDT
Tether froze more than 1.567 billion USDT
- USDTIS MIGRATED TOBitcoin
USDT is being migrated to Bitcoin
- USDTHAS SUPPLY ONEthereum
$300 billion of stablecoin supply already circulating on Ethereum
- USDTLOCKED ONArbitrum
Existing USDT is locked on Arbitrum before minting on Bitcoin
- USDTHAS SUPPLY ONTRON
$300 billion of stablecoin supply already circulating on Tron
- USDTISSUED VIARGB
USDT was issued via the RGB protocol
- USDTUSED ONBitcoin
USDT has been used on Bitcoin
- USDTISSUED ONBitcoin
USDT was first issued on Bitcoin via Omni protocol
- BinanceLOST ASSETUSDT
Binance lost 2.49 billion USDT.
- USDTMOVES THROUGHLightning Network
USDT moves through Lightning Network payment channels
- USDeORACLE FOLLOWSUSDT
The oracle for USDe follows USDT
- Chainlink USDT/USD feedPROVIDES PRICES FORUSDT
Chainlink USDT/USD feed provides prices for USDT
- Earn+ vaultBORROWSUSDT
Earn+ vault borrows USDT
- USDCORDER BOOK DEEPER THAN BY 40 PERCENTUSDT
USDC’s order book is roughly 40% deeper than USDT’s in euro‑denominated trading
- USDCOVERTAKESUSDT
USDC overtakes USDT in stablecoin trading against the euro
Relations are facts Graphiti extracted from reports, not verbatim quotes. An end date means later reporting showed the relation no longer holds.
Events 12
- Aave reopens frozen markets but blocks new collateral loans1 cited report · 2026-10-31
- Binance hackers raced to move billions before it could be frozen2 cited reports · 2026-10-31
- Binance hackers deploy never-seen-before laundering tactics to conceal $6.3 billion theft8 cited reports · 2026-10-31
- XT Exchange: A Prediction Market Starts With a Question That Can Be Settled2 cited reports · 2026-10-30
- Blockchain Firms Link North Korea to $6.3 Billion Binance Hack1 cited report · 2026-10-30
- XT Exchange: The Investment Question Comes Before the Trading Instrument3 cited reports · 2026-10-30
- As it happened: Binance’s record $6.3B crypto hack1 cited report · 2026-10-30
- Private, fast USDT is coming to Bitcoin. Can it compete with Ethereum and Tron?2 cited reports · 2026-10-29
- Ethena Pay’s 11x leverage loop promises high yield, but risks hidden losses1 cited report · 2026-10-29
- USDC overtakes USDT in euro stablecoin trading as EU rules reshape market: Kaiko1 cited report · 2026-10-27
- CoinDCX’s $16 million loss revives uncomfortable memories of FTX and Celsius5 cited reports · 2026-10-27
- Crypto traders price India telecoms company Reliance Jio's IPO at about $110 billion1 cited report · 2026-10-22
Source reports 30
- Aave reopens frozen markets but blocks new collateral loansCryptoSlate · 2026-10-31
- Binance hackers raced to move billions before it could be frozenCointelegraph · 2026-10-31
- Binance hackers deploy never-seen-before laundering tactics to conceal $6.3 billion theftCryptoSlate · 2026-10-31
- Secret Service, FBI Join Binance Hack Probe as Circle Freezes $823 MillionDecrypt · 2026-10-31
- Tether Made $4.5 Billion in 2026, Yet Its Bitcoin Pile Now Outweighs USDT's Safety NetBeInCrypto · 2026-10-31
- Binance Sets Aside $6.34B to Cover Hack Losses, CEO Says 'Your Assets Are Safe'Decrypt · 2026-10-31
- XT Exchange: A Prediction Market Starts With a Question That Can Be SettledBeInCrypto · 2026-10-30
- Blockchain Firms Link North Korea to $6.3 Billion Binance HackBitcoin Magazine · 2026-10-30
- How Did the Binance Hack Happen? Detailed Investigation of the $6 Billion HeistBeInCrypto · 2026-10-30
- XT Exchange: The Investment Question Comes Before the Trading InstrumentBeInCrypto · 2026-10-30
- As it happened: Binance’s record $6.3B crypto hackCointelegraph · 2026-10-30
- Bitcoin Price Briefly Slides to $76,300 as Binance Confirms Hack Estimated at $6.3 BillionBitcoin Magazine · 2026-10-30
- Trump’s crypto firm joins Tether, Circle, and Ripple in $2.6 billion stablecoin freeze as Binance hack outflows near $6 billionCryptoSlate · 2026-10-30
- Binance investigating hack as suspicious outflows reach up to $5.8 billionThe Block · 2026-10-30
- Binance Drained of $5.5 Billion in Suspected Hack, Tether and Circle Freeze $1.8 BillionDecrypt · 2026-10-30
- Binance Hack: $6.3 Billion Impacted, Circle and Tether Freeze, Crypto Markets ReactBeInCrypto · 2026-10-30
- Crypto Liquidations Top $628 Million in an Hour as Binance Hack Fears Sink BitcoinBeInCrypto · 2026-10-30
- Is Binance Being Hacked? $2 Billion Outflow Puts Customer Funds in QuestionBeInCrypto · 2026-10-30
- Private, fast USDT is coming to Bitcoin. Can it compete with Ethereum and Tron?Cointelegraph · 2026-10-29
- Ethena Pay’s 11x leverage loop promises high yield, but risks hidden lossesCryptoSlate · 2026-10-29
- Brazilian companies turned to stablecoins on election day to dodge a currency crashCoinDesk · 2026-10-28
- USDC overtakes USDT in euro stablecoin trading as EU rules reshape market: KaikoCointelegraph · 2026-10-27
- CoinDCX’s $16 million loss revives uncomfortable memories of FTX and CelsiusCryptoSlate · 2026-10-27
- India’s CoinDCX Confirms $16 Million Loss Days After CEO Called It a ‘False Alarm’Decrypt · 2026-10-27
- Aave changes USDT borrowing rules and loan costs suddenly jumpCryptoSlate · 2026-10-24
- Bitcoin’s $80,000 recovery faces liquidity questions as Binance’s Tether flows swing $14 billionCryptoSlate · 2026-10-23
- India's largest exchange denies hack after sleuths pointed to $16 million in suspicious outflowsCoinDesk · 2026-10-23
- Old wallet addresses trap CoinDCX users, triggering potential lossesCryptoSlate · 2026-10-23
- Utexo Opens Utexo Mint Early Access for USDT on Bitcoin Ahead of November 28 LaunchBitcoin Magazine · 2026-10-23
- Building Financial Services Through Connection at XT ExchangeBeInCrypto · 2026-10-22