Stablecoin News: Aleo, Paxos Labs Launch Privacy-Focused Digital Dollar USAD

Stablecoin News: Aleo, Paxos Labs Launch Privacy-Focused Digital Dollar USAD

The USAD token encrypts transaction data end-to-end, aiming to enable private, programmable digital dollars.

The Aleo Network Foundation and Paxos Labs Partner to Offer First Privacy-Preserving US Dollar Stablecoin

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Aleo and Paxos Labs Partner on Privacy-Preserving Dollar Stablecoin

Key highlights: Aleo and Paxos Labs are introducing USAD, the first U.S. dollar stablecoin to combine zero-knowledge privacy with enterprise-grade issuance. The move follows growing regulatory clarity, with U.S. and European lawmakers advancing stablecoin oversight frameworks. USAD differentiates itself from market leaders like USDC and USDT by encrypting identities and amounts while maintaining compliance. A privacy-first digital dollar enter…

Aleo Network Foundation and Paxos Labs unveil USAD, the first privacy-focused U.S. dollar stablecoin

The Aleo Network Foundation has partnered with Paxos Labs to launch USAD, a U.S. dollar stablecoin that integrates privacy-preserving technology with enterprise-grade infrastructure.  Announced on October 1, the collaboration introduces the first stablecoin issued on a layer-1 blockchain that combines smart contract functionality with zero-knowledge cryptography. Aleo’s zero-knowledge cryptography meets Paxos Labs’ issuance framework USAD is des…