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BTC $62,775.10 -1.23%
ETH $1,874.15 -0.34%
BNB $604.11 -0.96%
XRP $1.00 -0.41%
SOL $75.45 -0.26%
TRX $0.3331 -0.13%
DOGE $0.0693 -1.08%
ADA $0.1795 -2.69%
BCH $205.25 -3.69%
LINK $8.80 +0.61%
HYPE $56.59 -1.35%
AAVE $86.52 -2.56%
SUI $0.6760 -1.66%
XLM $0.1587 -1.24%
ZEC $486.75 -1.41%

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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