Cardano founder reveals plans to launch a privacy stablecoin

2025-05-12 15:25:45

Gate.io News bot news, DL News reports that Cardano founder Charles Hoskinson announced in a podcast that the team is developing a privacy-enabled stablecoin. This stablecoin aims to achieve cash-like anonymous payment functionality. Hoskinson emphasized that current stablecoin transactions can be tracked on-chain. Cardano plans to meet regulatory requirements such as AML while ensuring user privacy through a "selective disclosure" mechanism.

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