Circle Freezes Millions in USDC Linked to Libra

Posted: 2025-05-29 01:21:29 UTC

#Libra

#Circle

#cryptocurrency

#DeFi

#stablecoins

#USDC

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This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.

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Last Updated

2025-05-29 01:21:43 UTC

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Rollup News

Circle, the issuer of the stablecoin USDC, froze wallets associated with the Libra token team, holding millions of dollars worth of USDC.

Circle freezing wallets

Wallets connected to Libra token team

Millions of USDC frozen

Centralized control over stablecoins

Potential for censorship

Impact on user trust