Aleo and Paxos Labs Launch Institution-Focused Privacy-Preserving Stablecoin

BlockBeats News, October 1st, Aleo Network Foundation is partnering with Paxos Labs to launch a US dollar-pegged stablecoin designed to protect user privacy and attract financial institutions' attention.

Unlike traditional stablecoins such as Tether's USDT and Circle's USDC, Aleo's stablecoin encrypts wallet addresses and transaction amounts to protect them from public view.

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