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TRX $0.3284 +0.57%
DOGE $0.0700 -0.44%
ADA $0.1656 +1.37%
BCH $211.53 +0.28%
LINK $8.44 +1.40%
HYPE $52.98 -3.56%
AAVE $99.01 +1.05%
SUI $0.6913 +0.70%
XLM $0.1722 -0.96%
ZEC $475.12 +3.25%

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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