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Tether froze over 4.5M USDT after Mercado Bitcoin's security breach halted deposits and withdrawals.

Market News
02 Nov 2026, 17:58 WIB
Crypto news
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Bearish
Tether froze over 4.5M USDT after Mercado Bitcoin's security breach halted deposits and withdrawals.

Tether froze more than 4.5 million USDT linked to a security incident at Brazilian exchange Mercado Bitcoin, which temporarily suspended deposits and withdrawals to investigate suspicious fund movements. Mercado Bitcoin confirmed no customer losses or data breaches and published blockchain addresses to aid tracking. The exchange is working with authorities to trace assets and restore operations safely, while Tether's freeze aims to prevent further unauthorized transfers. The incident highlights ongoing risks in crypto exchanges and the importance of coordinated security responses.

As of Nov 02, 2026 23:03 WIB, Tether USDT trades at Rp18.114 on Pluang, showing a slight 1-day decline of 0.03%. The stablecoin maintains a substantial market cap of Rp3.261,58 trillion and a high 24-hour trading volume of Rp790,1 trillion. Despite the freeze of over 4.5 million USDT related to the Mercado Bitcoin breach, USDT remains actively traded with a circulating supply of 180.1 billion tokens on Pluang.

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