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by: xpoolPosted on: May 29, 2025

Circle Freezes $57 Million USDC Transfer, Raising Concerns About Centralized Control

Circle has taken action by freezing a massive $57 million transfer of USDC on the Solana network, raising questions about its control over stablecoins and their impact on user autonomy. The company hasn’t publicly disclosed the exact reason for this freeze, which has reignited debates within the cryptocurrency community regarding centralized authority in finance.

Related posts:

  1. Circle USDC Circulation Decreases Amid Recent Activity
  2. 1 Billion USDC Mined on Tron Blockchain by USDC Treasury
  3. USDC Treasury Burns $104 Million on Ethereum: Impact on Market Dynamics
  4. Circle Minted 100 Million USDC on Ethereum: Market Impact and Liquidity Implications
#USDC Circle Stablecoin

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