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DOGE $0.0796 -6.27%
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LINK $12.05 -7.51%
HYPE $78.15 -5.38%
AAVE $150.08 -7.43%
SUI $0.9860 -7.50%
XLM $0.1791 -5.99%
ZEC $1,104.74 -12.72%
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AMZN $250.28 -3.58%
GOOGL $341.91 -4.08%
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TSLA $361.48 -4.15%
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SPCX $149.10 -5.87%
MU $884.03 -7.80%
AMD $558.54 -8.93%

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

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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