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Miden introduces USDCx to bring default privacy to stablecoins

Miden launches USDCx, a privacy-first stablecoin backed 1:1 by USDC reserves, using zero-knowledge proofs to encrypt transactions by default.

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coindesk.com

cryptobriefing.com

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cryptobriefing.comStai leggendo10 g fa

Miden introduces USDCx to bring default privacy to stablecoins

Miden launched USDCx—a privacy-default USDC-backed stablecoin with encrypted transactions and optional disclosure via Circle's xReserve. For enterprise builders, this enables confidential on-chain settlement without sacrificing AML compliance, differentiating from public stablecoins that expose all counterparties.

originale

coindesk.com10 g fa

Miden to launch privacy-focused USDC-backed stablecoin using Circle’s xReserve

Miden launches USDCx, a privacy-focused stablecoin backed 1:1 by USDC, debuting with mainnet by end of August. Enables private institutional transactions (trading, payroll, treasury) with selective disclosure—privacy by default plus on-demand compliance for regulators, eliminating onchain position exposure.

Timeline cronologica

mercoledì 12 agosto 2026·coindesk.com
Miden to launch privacy-focused USDC-backed stablecoin using Circle’s xReserve
USDCx will let users transact without publicly exposing balances, counterparties or transaction histories, while allowing selective disclosure for compliance.
mercoledì 12 agosto 2026·cryptobriefing.com
Miden introduces USDCx to bring default privacy to stablecoins
Miden launches USDCx, a privacy-first stablecoin backed 1:1 by USDC reserves, using zero-knowledge proofs to encrypt transactions by default.