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BTC $79,388.48 -0.71%
ETH $2,489.73 -0.47%
BNB $743.93 -1.74%
XRP $1.40 -1.56%
SOL $104.87 -1.56%
TRX $0.3365 +0.67%
DOGE $0.0895 -0.65%
ADA $0.2189 -0.36%
BCH $256.24 -1.86%
LINK $13.26 +7.97%
HYPE $87.72 -0.11%
AAVE $134.52 -0.56%
SUI $0.8125 +1.60%
XLM $0.1918 +2.59%
ZEC $1,198.29 +0.90%

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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