Circle freezes more than $800 million in USDC after $6.3 billion Binance breach

Circle freezes over $800 million in USDC tied to Binance hack

Stablecoin issuer Circle froze more than $800 million in USDC connected to the Binance breach, working with the US Secret Service on recovery efforts. Combined with other stablecoin freezes, over $2.5 billion in stolen assets have been immobilized.