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Taurus Introduces ZKP Privacy Layer for Stablecoins

  • Taurus introduces a Zero-Knowledge Proof (ZKP) privacy layer for stablecoins to enable encrypted balances and transfers.
  • The upgrade, built on the Aztec Network, allows for sharing transaction details securely through mathematical proofs, ensuring only authorized parties can view the data.
  • The privacy solution enhances security for institutions by protecting users from wallet surveillance and exploitation of high-value accounts.
  • Backed by Deutsche Bank, Taurus aims to offer compliance, privacy, and security tools with its ZKP layer, catering to growing regulatory clarity around stablecoins.

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