Circle Blacklists Zama Protocol Address, Freezing $12.6M In User Funds – Details

Stablecoin issuer Circle has reportedly blacklisted a smart contract linked to privacy protocol Zama, freezing approximately $12.6 million in user funds. The development, first flagged by on-chain investigator ZachXBT, involves the protocol’s Confidential USDC (cUSDC) contract deployed on Ethereum seven hours before ban. The affected contract address had been publicly documented in Zama’s docs and visible […]