Circle pilots privacy-preserving stablecoin rails on Aleo with UDSC and UDSCx
Fortune··market·positive
Fortune reports that Circle is experimenting with privacy-preserving stablecoin transfers on the Aleo blockchain using a new UDSC token and UDSCx privacy wrapper to enable confidential USDC payments with embedded compliance controls.
stablecoin:UDSCstablecoin:UDSCxstablecoin:USDCissuer:Circleblockchain:Aleo
Coverage from 5 other sources
CoinTelegraphCircle moves toward privacy-focused stablecoin with USDCx projectThe BlockCircle tests privacy-preserving wrapped version of USDC on AleoYahoo FinancePrivacy-centric version of Circle's USDC stablecoin rolling out via AleoUnchainedCircle to launch private version of USDC for banksBusinessWireAleo to launch USDCx, a private and programmable stablecoin
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