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

Loading market data...

USDC

Daily

$0.99986

▲ 0.02%

Volume (24h): -

Resistance Levels

Resistance 3$1.0171

Resistance 2$1.0154

Resistance 1$1.00

Price$0.99986

Support 1$0.9997

Support 2$0.9962

Support 3$0.9944

Pivot (PP):$0.999773

Trend:Sideways

RSI (14):41.0

Cointelegraph Staff

(03:28 PM UTC)

1 min read

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…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Comments