Circle said that on the issue of the USDC freezing of assets, related actions are carried out only when legally required by law enforcement agencies, and are not a unilateral decision by the company. In response to recent incidents such as the Drift attack, Circle pointed out that an open financial system must strike a balance between decentralization and accountability. The biggest current problem is that the legal framework’s response speed lags behind technological development. It called for legislation to establish faster, compliant intervention mechanisms that protect privacy and property rights. Previously, ZachXBT disclosed that since 2022, Circle has failed to take timely measures in at least 15 incidents involving illegal funds, for $420 million in funds that could be frozen.

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