Binance Restores Withdrawals for 5 Ethereum-Network Stablecoins

Five Dollar-Pegged Tokens Move Again

Binance restored withdrawal support for five US dollar-pegged stablecoins on the Ethereum (ETH) network on Tuesday, November 3. The exchange confirmed the restoration in a post published that day on its official X account, stating that RLUSD, USD1, TUSD, FDUSD and XUSD can once again be sent off the platform over the Ethereum network.

The restored tokens are Ripple USD (RLUSD), World Liberty Financial USD (USD1), TrueUSD (TUSD), First Digital USD (FDUSD) and StraitsX USD (XUSD). All five are dollar-tracking tokens issued through smart contract code on the chain, and all had been locked on exchange balances since withdrawals were halted.

The restoration is narrow by design. It covers the Ethereum network only, and Binance did not say whether these assets can move over other networks, which can include Layer 2 routes, or when that might change.

In the same announcement, the exchange said it plans to bring withdrawal functions for additional assets and networks back online in stages as its security checks are completed, without naming the next tokens in line.

Stablecoins of this kind are the settlement rail many traders use to move dollar value between venues quickly, so a withdrawal halt on them constrains day-to-day operations more than a pause on less-traded tokens would.

For the five named assets, the practical effect is immediate: balances can again leave the exchange through ordinary on-chain transfers, subject to standard gas fee costs on the network.

The announcement frames the move as one step in a phased recovery rather than a full return to normal service, and the exchange's official X channel remains the record of which assets and networks are live at any point.

The October 29 Hack Behind the Halt

The withdrawals restored this week had been frozen since a large-scale security breach on Thursday, October 29.

Binance has said the incident led to the theft of roughly $6.3 billion in digital assets, after which it suspended withdrawals while its security teams reviewed systems.

A halt of that scale blocks every route off the platform, from on-chain transfers of tokens to the internal movements traders rely on, and it left account holders unable to move assets out for several days.

Recovery started on Sunday, November 1, when the exchange re-enabled withdrawals for a first group of assets and began widening the list of supported tokens and networks.

Tuesday's restoration of the five dollar-pegged stablecoins extends that process to the Ethereum (ETH) network.

For anyone holding an account on the platform, the picture is now split by asset and by network, a state the exchange itself describes as temporary. Balances in RLUSD, USD1, TUSD, FDUSD and XUSD on Ethereum can be moved to an external crypto wallet, where the holder controls the keys directly, the standard alternative for users who prefer not to keep balances on an exchange during a security review.

Assets on other networks, and tokens outside the restored group, remain dependent on the exchange's staged review. Binance has committed to sequencing further restorations behind completed security checks rather than publishing a fixed timetable, so the order in which the remaining assets regain withdrawal support is not yet known.

The exchange has not disclosed how many assets in total remain under restriction, nor a date for full restoration, and users checking the status of a specific token or network have been pointed to its official announcements, so far the only confirmed record of what is live and what is not.

The shape of the restoration says as much as the batch itself. Five tokens on one network, restored two days after assets began moving again on November 1, points to a security review being cleared piece by piece rather than a blanket reopening. The load-bearing record is the exchange's own announcement: RLUSD, USD1, TUSD, FDUSD and XUSD are live on Ethereum (ETH), and everything else waits on completed checks. Until the next batch is confirmed, the operational state is partial: Ethereum-network dollar balances can exit the platform, and the rest of the withdrawal map stays under review.