USDCx will let users transact without publicly exposing balances, counterparties or transaction histories, while allowing selective disclosure for compliance. Miden plans to introduce USDCx, a native stablecoin backed 1:1 by USDC held through Circle’s xReserve infrastructure. Transactions will be private by default, while users can selectively prove balances, provenance and other information to auditors, regulators and counterparties. The stablecoin is expected to debut at the end of this month…
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