Paxos and Aleo collaborate to launch the privacy stablecoin USAD based on ZK technology

2026-02-11 18:06:34

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Odaily Planet Daily reports that Paxos Labs has partnered with privacy-focused Layer 1 network Aleo to launch a native privacy-preserving stablecoin, USAD, based on Aleo’s ZK technology. This move comes amid increasing interest in enterprise-grade privacy solutions, as companies seek to leverage blockchain assets without sacrificing transaction details. Notably, Circle has also piloted its privacy-protected version of the USDC stablecoin, called USDCx, on Aleo. (The Block)

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