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Crypto Custody Tauus launches open source privacy technology for Stablecoins



Taurus, the Swiss Nursery Technology Company for encryption This matters to Deutsche Bank Among its clients, she introduces zero knowledge evidence (ZKP) STICOINS privacy layer, starting with USDC from Circle.

Carapace Zero-Knowledge is built from Stablecoins, a way to share special data details about data using sports proofs, on the AZTEC network on privacy. It continues to work on ZKP privacy improvements to the security symbols aimed at banks and financial institutions, issued by Taurus earlier this year.

Unlike Stablecoin’s daily transactions, ZKP app Technology means encrypted assets and transfers that can only be read by approved parties such as exporters and organizers. This prevents unauthorized parties from monitoring governor, investment strategies in reverse engineering, or targeting high -value users, according to a press statement on Thursday.

Stablecoins is one of the most important areas within Crypto now. A historical bill creates a legal framework for the issuance and supervision of Stablecoins It was recently passed By the American Senate. Meanwhile, Stablecoin Supplest has increased to $ 250 billion, by 1200 % since 2020.

TAURUS said that the ZKP technology, which is open source, brings privacy to both the cash and LEG safety for digital transactions.

“We have shown that it is possible to protect the privacy and security of Stablecoin users while maintaining the standard Stablecoins features for the industry,” Jean -Felipe Omasson, chief security official at Tauus, said in a statement. “This deals with the concerns that we have heard over and over again from banks looking at the version of Stablecoins, central banks and organizers.”

Read more: Crypto Custodian Taurus expands a fingerprint to Türkiye through the bankpozitif cooperation




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