Can USDC be seized?

I understand that there are concerns surrounding the security and privacy of digital assets like USDC. Could you please clarify whether or not USDC, as a cryptocurrency, is subject to seizure by law enforcement or other authorities? Are there any specific circumstances under which USDC holdings could be frozen or confiscated? It would be helpful to understand the legal framework and potential risks associated with holding USDC in terms of seizure and forfeiture.