Circle blacklisted Zama's cUSDC smart contract on Ethereum, freezing $12.6M in USDC linked to Overnight Finance rug pull allegations.

Circle blacklisted Zama's cUSDC smart contract on Ethereum, freezing $12.6M in USDC linked to Overnight Finance rug pull allegations.

Zama CEO Rand Hindi said the protocol's confidential USDC contract was "caught in a crossfire" and that his team is investigating the freeze.