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Circle Nukes $58M in USDC—Solana Wallets Frozen in Libra Scandal Fallout

Circle Nukes $58M in USDC—Solana Wallets Frozen in Libra Scandal Fallout

Author:
decryptCO
Published:
2025-05-28 22:31:33
20
2

Circle Freezes $58 Million Worth of USDC in Solana Wallets Tied to Libra Scandal

Another day, another crypto scandal—only this time, the stablecoin cops are playing freeze-tag. Circle just iced $58 million worth of USDC across Solana wallets tied to the Libra debacle, proving even ’decentralized’ finance has its hall monitors.

Who needs regulators when you’ve got a centralized stablecoin issuer doing their job for them? The irony’s thicker than a banker’s bonus.

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