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Circle freezes and privacy agreement related to 12.6 million USDC.
Circle freezes and privacy agreement related to 12.6 million USDC. According to on-chain detective ZachXBT, Circle has frozen 12.6 million USDC, and these funds may be related to an ongoing unrelated civil case.
Next, focus on three things: whether the related funds continue to flow in, whether on-chain transaction volume and holdings continue to expand, and whether the project team or regulators provide new confirmation information. A single news flash can only indicate that sentiment has been ignited; subsequent data will determine whether it can develop into a trend.
Risks should also be on the table: if subsequent trading and capital flow cannot keep up, the market may easily digest it as a one-time pulse.
$usdc #稳定币 #On-chain data #监管 #Blockchain