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Coinpedia
May 31, 2026 11:15 AM UTC

Circle Freezes $12.6 Million in Zama’s cUSDC Contract: ZachXBT

Circle Freezes $12.6 Million in Zama’s cUSDC Contract: ZachXBT

The post Circle Freezes $12.6 Million in Zama’s cUSDC Contract: ZachXBT appeared first on Coinpedia Fintech News More than $12.6 million worth of USDC has been frozen after Circle blacklisted the smart contract behind Zama’s confidential USDC (cUSDC) on Ethereum. The move came after a wallet linked to Overnight Finance reportedly deposited millions into the protocol.Community members are questioning why Circle froze the entire cUSDC contract rather than targeting only the wallet …

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