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BTC $60,934.35 -2.74%
ETH $1,577.06 -8.95%
BNB $576.63 -3.51%
XRP $1.09 -4.02%
SOL $63.62 -6.10%
TRX $0.3200 -2.09%
DOGE $0.0815 -5.98%
ADA $0.1572 -5.81%
BCH $213.12 -12.64%
LINK $7.36 -6.10%
HYPE $59.67 -8.20%
AAVE $61.02 -12.27%
SUI $0.7012 -6.06%
XLM $0.1967 -0.90%
ZEC $377.86 -5.16%

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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