Paxos Labs Launches Privacy-Preserving USAD Stablecoin on Aleo Network

TLDR: USAD offers privacy-preserving transactions while maintaining regulatory oversight capabilities Paxos leverages its established infrastructure to issue compliant stablecoins on Aleo’s platform Circle previously partnered with Aleo for USDCx, showing competitive interest in privacy solutions Aleo raised $200 million at $1.45 billion valuation from SoftBank, a16z, and Coinbase Ventures   Privacy-preserving USAD stablecoin has launched [...]

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