Crypto custodian Taurus has launched the first stablecoin contract with privacy features
2025-06-26 12:30:21
Digital asset infrastructure firm Taurus (whose clients include Deutsche Bank and State Street) has launched the first private stablecoin contract for Financial Institution Groups and enterprises, aiming to address the concerns of users who are hesitant to use stablecoins due to privacy concerns. Built on the privacy-conscious Aztec Network (powered by a16z), the contract combines zero-knowledge privacy protection with compliance features designed with reference to the USDC model, including features such as mint/destroy control, emergency suspensions, blacklisting mechanisms, and audit logs.
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