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TRX $0.3230 -0.38%
DOGE $0.0731 -1.21%
ADA $0.1631 -0.79%
BCH $222.41 -1.69%
LINK $8.44 -1.01%
HYPE $62.38 -6.89%
AAVE $92.17 -4.36%
SUI $0.7500 -0.35%
XLM $0.1907 +0.84%
ZEC $540.73 -6.07%

Zama responds to Circle's freezing of the cUSDC contract: the legal team has intervened and will restore access for qualified participants as soon as possible

2026-05-30 18:19:59
Collection

Zama's official response to Circle's freezing of the cUSDC contract event states that Circle's compliance system flagged a wallet belonging to an external depositor. Since this wallet holds funds in the cUSDC contract, the entire contract was automatically swept into a standard holding freeze. This is merely incidental damage and not a sanction against the Zama Protocol. The Zama legal team has intervened and is isolating the flagged address, and will restore access for all unaffected participants as soon as possible.

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