BTC $63,066.14 +0.37%
ETH $1,882.55 +0.26%
BNB $608.76 +0.44%
XRP $1.00 +1.16%
SOL $75.53 +0.56%
TRX $0.3312 -0.39%
DOGE $0.0698 +0.07%
ADA $0.1773 -0.82%
BCH $203.57 -0.06%
LINK $9.52 +6.54%
HYPE $56.92 +1.00%
AAVE $86.48 +1.23%
SUI $0.6797 +0.39%
XLM $0.1583 +1.03%
ZEC $488.39 -0.48%
BTC $63,066.14 +0.37%
ETH $1,882.55 +0.26%
BNB $608.76 +0.44%
XRP $1.00 +1.16%
SOL $75.53 +0.56%
TRX $0.3312 -0.39%
DOGE $0.0698 +0.07%
ADA $0.1773 -0.82%
BCH $203.57 -0.06%
LINK $9.52 +6.54%
HYPE $56.92 +1.00%
AAVE $86.48 +1.23%
SUI $0.6797 +0.39%
XLM $0.1583 +1.03%
ZEC $488.39 -0.48%

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.

app_icon
ChainCatcher Building the Web3 world with innovations.