Stablecoin Issuer Circle To Issue New Privacy Coin ‘USDCx’ In Partnership With Layer-1 Chain Aleo: Report
The crypto giant Circle has reportedly partnered with the layer-1 privacy blockchain Aleo to launch a new stablecoin that can address privacy concerns among businesses and private individuals. The private version of the dollar-pegged stablecoin USDC aims to obscure transaction histories, reports Fortune, citing information from Aleo co-founder Howard Wu. Says Wu, “People don’t want…
