Circle’s 16‑wallet USDC freeze revives centralization and blacklist debate

Posted On March 24, 2026

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. Circle froze the USDC balances of 16 business hot wallets late Monday, disrupting…