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BNB $683.29 -1.19%
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TRX $0.3360 -1.16%
DOGE $0.0815 -3.90%
ADA $0.1925 -3.95%
BCH $243.41 -1.04%
LINK $11.09 -2.62%
HYPE $79.98 -3.90%
AAVE $122.35 -2.24%
SUI $0.7079 -4.29%
XLM $0.1739 -2.78%
ZEC $826.67 -0.78%

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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