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via Cointelegraph · By Cointelegraph Staff

Zama Accelerates Compliance Push After Court Reverses $12.5M USDC Freeze

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Resistance 2$1.017
Resistance 1$1.0016
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CS
Cointelegraph Staff
(03:28 PM UTC)
1 min read
SC
Updated bySarah Chen
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Privacy-focused blockchain protocol Zama said it will accelerate compliance measures and proceed with its confidential USDC launch after a US court lifted a temporary freeze on about $12.5 million in USDC held in its cUSDC smart contract, according to a Tuesday X post by co-founder Rand Hindi.

The freeze, first reported by Cointelegraph on Saturday, stemmed from a temporary restraining order…

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Cointelegraph Staff · Cointelegraph

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