Circle Freezes Zama Confidential USDC Contract Locking $12.6M in Funds

31-May-2026 TronWeekly

Circle has frozen roughly $12.6 million in USDC after a U.S. court order linked to an ongoing dispute involving a DeFi protocol. The action has renewed debate over centralized controls within stablecoin systems, as users and developers assess the implications for liquidity, compliance, and decentralized finance operations.

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