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BTC $73,498.30 +0.12%
ETH $2,015.74 +0.53%
BNB $672.39 +5.64%
XRP $1.34 +2.42%
SOL $82.27 +0.85%
TRX $0.3438 +0.46%
DOGE $0.1007 +2.00%
ADA $0.2349 +0.63%
BCH $303.00 +1.42%
LINK $9.13 +2.14%
HYPE $67.62 +9.03%
AAVE $82.81 +1.55%
SUI $0.8973 -1.68%
XLM $0.2502 +22.02%
ZEC $524.50 -1.91%

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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