Circle’s 16‑wallet USDC freeze revives centralization and blacklist debate
Circle froze USDC in 16 business wallets tied to a sealed U.S. civil case, drawing fire from ZachXBT and reigniting fears over centralized stablecoin censorship and control. Summary Circle froze USDC balances in 16 business hot wallets linked to exchanges, casinos and forex platforms, citing a sealed U.S. civil case. On-chain investigator ZachXBT publicly questioned
