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Taurus Launches Open Source Stablecoin Privacy Technology Based on USDC

Summary: Swiss crypto custody technology company Taurus has launched a stablecoin privacy layer based on zero-knowledge proofs (ZKP), initially supporting Circle's USDC. The technology, developed on the privacy-focused Aztec Network, enables encrypted transactions and balances that only authorized parties such as issuers and regulatory bodies can access, effectively preventing unauthorized monitoring and user information leakage.

Swiss crypto custody technology company Taurus has launched a stablecoin privacy layer based on zero-knowledge proofs (ZKP), initially supporting Circle's USDC. The technology, developed on the privacy-focused Aztec Network, enables encrypted transactions and balances that only authorized parties such as issuers and regulatory bodies can access, effectively preventing unauthorized monitoring and user information leakage.

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