Circle, this operation is a bit confusing. The cUSDC pool is being caught in the crossfire innocently—Zama’s legal team has already started cleaning up the mess. Let’s wait for the next update.

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MarsBitNews
Zama responds to Circle freezing cUSDC contract: The legal team has been involved and will restore compliant participant access as soon as possible.
May 30th, Zama responds to Circle freezing cUSDC incident: Circle's compliance system flagged an external depositor's wallet, which held funds in the cUSDC contract, causing the contract to automatically enter a hold freeze. This is collateral damage and does not imply sanctions against Zama. Zama's legal team has intervened, isolating the flagged address and will restore access for all unaffected participants as soon as possible.
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