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