Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Bullthe Swiss Infrastructure Provider of Digital Assets German bank, State Street, and Credit SuisseHe announced the deployment of what he calls “the first private contract of Stablecoin”.
The press release recorded the difference between this offer and old stablecoins. The first, as they claim, combines evidence of zero knowledge and key elements of compliance. It therefore provides confidentiality, non -determination and anonymity, while allowing access to parties such as issuers, regulators and law enforcement.
Therefore, only these authorized parties can read encrypted balances and transfers. “This prevents unauthorized parties from monitoring wallets, investment strategies of back engineering or physically focused on high -value users,” the team says.
In addition, the team created a Stablecoin Agreement on the top of a zero knowledge of 2 Aztec network. According to Arnaud Schen, Executive Director of the Aztec Network Council, has forced the transparency of public blockchains from the real world from adopting stablecoins around the world.
“Practical acceptance for wages, transfers between them or everyday payments simply cannot occur if each transaction remains visible to all and unchanged on a widely available book,” says Schenk.
The novel Taurus’s novel Stablecoin The Treaty Supports USDC Basic function. These include a centralized, administrated mint and burning, as well as the abilities of pauses and non -depths. This allows you to stop the gears if necessary.
Other key features include the black list address among the “promotion of sanctions and other compliance needs” and the events record a verifiable audit trail.
All this allows financial institutions to issue stablecoins in payments or ministries while ensuring observability of privacy and regulation, says the announcement.
Taurus makes a “main step forward for stablecoins”
The team notes that a private Stablecoin contract is complemented by their private security token with an open source code. Bull launched This token in February 2025. The announcement describes it as a confidential token for tokenization of debt and its own capital, which allows financial institutions to issue tokenized versions of financial instruments on public blockchains while maintaining privacy.
This latest step “For Stablecoins refers to the main step forward,” said JP Aumasson, Chief Security Director of Taurus. “We have shown that it is possible to protect the privacy and security of stablecoin users while retaining the characteristics of assembly industrial stable.
The last start of Taurus also monitors the messages of The American Senate that passes through the law on the brilliant law in mid -June. The guide and the introduction of national innovations for US Stablecoins Act requires issuers to fully support their stablecins with US dollars, make a license depending on the overall market capitalization of their digital assets, providing consumers (who would be paid first in bankruptcy).
In the middle of Senator Cynthia Lummis He urged us legislator In order to move both a brilliant and wider structure of the market crypto. “I’m not saying combined, but they both have to go through this year,” she said.
In addition, Taurus noted that Stablecoin’s supply overwhelmed $ 250 billion with an increase of 1,200% since 2020.
Taurus “expects the total offer of stablecoins by 2030 to reach $ 1 trillion-2 trillion dollars, as demand increases on institutional and consumer markets, promoted by favorable regulation,” she concluded.
Contribution Taurus launches the “first private intelligent Stablecoins contract” He appeared for the first time Cryptonews.
