Taurus Introduces ZKP Privacy Layer for Stablecoins
The post Taurus Introduces ZKP Privacy Layer for Stablecoins appeared on BitcoinEthereumNews.com. Blockchain Swiss-based crypto custody provider Taurus has unveiled a new zero-knowledge proof (ZKP) privacy layer for stablecoin transactions, launching first with Circle’s USDC. The upgrade is designed to enable encrypted balances and transfers, offering institutions greater transaction confidentiality and regulatory control. Built on the Aztec Network, a privacy-centric Layer 2 platform, Taurus’s privacy solution allows users to share transaction details securely through mathematical proofs—without revealing sensitive data publicly. The system ensures that only authorized parties such as issuers or regulators can view the underlying data. Institutional Focus and Enhanced Security This privacy upgrade builds on earlier Taurus initiatives to implement ZKP for security tokens used by banks and financial institutions, with the firm aiming to replicate the same standard for stablecoins. The encrypted model is expected to protect users from wallet surveillance, front-running, and targeted exploitation of high-value accounts. “This development ensures that balances and transfers remain confidential, shielding institutional strategies and identities,” the company noted in its press release. Deutsche Bank Among Backers Taurus, whose technology is already used by major players such as Deutsche Bank, continues to expand its institutional offering with tools that prioritize compliance, privacy, and security. With regulatory clarity around stablecoins growing globally, Taurus’s ZKP layer may offer a critical bridge between on-chain privacy and regulatory oversight, especially for use cases involving enterprise adoption and sovereign-grade finance. Author Kosta Gushterov Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Next article Source: https://coindoo.com/taurus-introduces-zkp-privacy-layer-for-stablecoins/
The post Taurus Introduces ZKP Privacy Layer for Stablecoins appeared on BitcoinEthereumNews.com.
Blockchain Swiss-based crypto custody provider Taurus has unveiled a new zero-knowledge proof (ZKP) privacy layer for stablecoin transactions, launching first with Circle’s USDC. The upgrade is designed to enable encrypted balances and transfers, offering institutions greater transaction confidentiality and regulatory control. Built on the Aztec Network, a privacy-centric Layer 2 platform, Taurus’s privacy solution allows users to share transaction details securely through mathematical proofs—without revealing sensitive data publicly. The system ensures that only authorized parties such as issuers or regulators can view the underlying data. Institutional Focus and Enhanced Security This privacy upgrade builds on earlier Taurus initiatives to implement ZKP for security tokens used by banks and financial institutions, with the firm aiming to replicate the same standard for stablecoins. The encrypted model is expected to protect users from wallet surveillance, front-running, and targeted exploitation of high-value accounts. “This development ensures that balances and transfers remain confidential, shielding institutional strategies and identities,” the company noted in its press release. Deutsche Bank Among Backers Taurus, whose technology is already used by major players such as Deutsche Bank, continues to expand its institutional offering with tools that prioritize compliance, privacy, and security. With regulatory clarity around stablecoins growing globally, Taurus’s ZKP layer may offer a critical bridge between on-chain privacy and regulatory oversight, especially for use cases involving enterprise adoption and sovereign-grade finance. Author Kosta Gushterov Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Next article Source: https://coindoo.com/taurus-introduces-zkp-privacy-layer-for-stablecoins/
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