Zama accelerates compliance after court lifts $12.5M USDC freeze
Privacy protocol Zama says it will accelerate compliance measures after a court lifted a $12.5 million USDC freeze tied to an unrelated legal dispute.
The Defiant·
A federal judge in the Northern District of California reversed the temporary restraining order that had pushed Circle to blacklist the privacy protocol's wrapper, restoring funds to depositors caught in a civil dispute they were not party to.
Read full articlePrivacy protocol Zama says it will accelerate compliance measures after a court lifted a $12.5 million USDC freeze tied to an unrelated legal dispute.
Circle's USDC was built for regulation before the GENIUS Act required it. Here's how Wall Street infrastructure quietly adopted it as the institutional default.
The post Circle Targets Post-Quantum Security In Bold USDC Roadmap appeared on BitcoinEthereumNews.com. Circle Targets Post-Quantum Security In Bold USDC Roadmap Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he’s a cook and cinephile who’s constantly intrigued by the size of the universe. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/circle-targets-post-quantum-security-in-bold-usdc-roadmap/
Users who fail to migrate their accounts before quantum computers become a practical threat would not automatically lose their assets under Circle’s new plan — the company is proposing recovery frameworks tied to cryptographic proofs, seed phrase verification, exchange records, and even court orders if necessary. Related Reading: Banks Vs. Crypto Law: JPMorgan CEO Doubles […]
The post Circle Freezes $12.6M USDC in Zama Protocol, Sparks Criticism appeared on BitcoinEthereumNews.com. Terrill Dicki May 30, 2026 18:52 Circle’s $12.6M USDC freeze in Zama’s protocol raises concerns over unilateral actions and selective enforcement in the stablecoin market. Stablecoin issuer Circle has frozen $12.6 million in USD Coin (USDC) tied to Zama, a privacy-focused protocol, according to on-chain analyst ZachXBT. The freeze, which reportedly occurred without prior notice, has reignited criticism over Circle’s ability to unilaterally blacklist addresses and confiscate funds at the smart-contract level. According to ZachXBT, the affected funds were linked to Zama’s confidential USDC (cUSDC) smart contract. The smart contract was publicly labeled on blockchain explorers, and $12.4 million had been deposited into it by wallets associated with the DeFi protocol Overnight Finance earlier in May. Overnight Finance itself recently faced allegations of misappropri
The post Circle Froze CUSDC Contract Due To A Single Wallet Issue, Zama Confirms appeared on BitcoinEthereumNews.com. Circle Froze CUSDC Contract Due To A Single Wallet Issue, Zama Confirms Skip to content Home Crypto News Circle Froze cUSDC Contract Due to a Single Wallet Issue, Zama Confirms Source: https://bitcoinworld.co.in/circle-cusdc-contract-freeze-zama-wallet-issue/
The post Vietnam Eyes Crypto-Backed SME Loans as Circle Freezes $12.6M, Bitcoin ETFs Bleed $3B appeared on BitcoinEthereumNews.com. Crypto News Vietnam’s Ministry of Finance has put forward a proposal that would let small and medium-sized enterprises pledge digital assets, virtual assets and intellectual property as collateral against bank loans. The measure forms part of a draft revised Law on Support for SMEs now open for public consultation, and would expand acceptable security to include future-formed assets, property rights and intangible holdings. SMEs account for more than 98% of all enterprises in the country, yet capture roughly 20% of total bank credit. Officials attribute the gap to a shortage of eligible collateral, a constraint this reform aims to dismantle for technology-driven firms holding patents, software and tokenised assets. Stablecoin issuer Circle has frozen roughly $12.6 million in USDC linked to the confidential USDC smart contract operated by privacy protocol Z
The post Circle Blacklists Zama Protocol Address, Freezing $12.6M In User Funds appeared on BitcoinEthereumNews.com. Circle Blacklists Zama Protocol Address, Freezing $12.6M In User Funds – Details Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Semilore Faleti works as a crypto-journalist at Bitconist, providing the latest updates on blockchain developments, crypto regulations, and the DeFi ecosystem. He is a strong crypto enthusiast passionate about covering the growing footprint of blockchain technology in the financial world. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/circle-blacklists-zama-paddress-freezing-12-6m/