Circle Freezes $12.6 Million in Confidential USDC, Impacting Zama Users, Says ZachXBT

Blockchain investigator ZachXBT has revealed that stablecoin issuer Circle Internet Group blacklisted the Confidential USDC (cUSDC) contract linked to privacy protocol Zama on Ethereum. The freeze impacted around $12.6 million worth of USDC held in the contract. According to ZachXBT, Circle blacklisted the contract address 0xe978F…72B2 about seven hours before the report. The move effectively […] Read The Full Article Circle Freezes $12.6 Million in Confidential USDC, Impacting Zama Users, Says ZachXBT On Coin Edition.