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.