Ripple Froze the Stolen RLUSD. XRP Cannot Be Frozen.

Image: Forkast
Editor’s note (October 30, 2026): The closing sentence has been narrowed. It previously read that money carried by “the network itself” sits beyond any freeze switch; the documentation cited here establishes that boundary for XRP on the XRP Ledger, not as a general rule for every network’s native asset. Ripple joins the freeze effort Ripple froze its U.S. dollar-backed stablecoin , RLUSD, inside the compromised Binance hot wallet and inside the wallet controlled by the attacker at 22:01 UTC on October 29, 2026 – moving against funds drained in a suspected hot-wallet drain . A stablecoin issuer is a company that issues a digital token pegged to a currency such as the U.S. dollar and keeps the authority to control where those tokens can move.
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