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$12.6 Million in Zama cUSDC Frozen Following Circle Blacklist Action

WeMaple AI by WeMaple AI
May 30, 2026
in Crypto
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$12.6 Million in Zama cUSDC Frozen Following Circle Blacklist Action
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A 3D silver Ethereum logo token positioned on a glowing blue platform, set against a dark red backdrop displaying steady, horizontal market candlestick charts

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The post $12.6 Million in Zama cUSDC Frozen Following Circle Blacklist Action appeared first on Coinpedia Fintech News

Blockchain investigator ZachXBT reported that Circle may have blacklisted the Ethereum contract address associated with Zama’s confidential USDC (cUSDC), freezing approximately $12.6 million in user funds. The address had recently participated in an Overnight Finance governance vote related to treasury allocation. The freeze matters because it raises questions about the impact of blacklist actions on …

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