All network deposits and withdrawals on Binance remain suspended, following an earlier announcement that the wallet system upgrade is expected to last 1 hour

Odaily News: According to the operation page, deposits and withdrawals across all networks on Binance are currently suspended. According to a previous announcement by Binance, the platform will conduct an infrastructure wallet system upgrade at 14:00 on September 22. To support this upgrade, deposit and withdrawal services across all networks will be suspended simultaneously. The upgrade is expected to last 1 hour.

Additionally, today Binance's USDe/USDT briefly depegged, once dropping to $0.9202, before quickly rebounding to around $0.9987. It has now regained its peg.