{"id":33877,"date":"2025-06-26T14:46:54","date_gmt":"2025-06-26T14:46:54","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=33877"},"modified":"2025-06-26T14:46:54","modified_gmt":"2025-06-26T14:46:54","slug":"taurus-releases-open-source-privacy-tech-for-stablecoins-starts-with-circles-usdc","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=33877","title":{"rendered":"Taurus Releases Open Source Privacy Tech for Stablecoins, Starts With Circle&#8217;s USDC"},"content":{"rendered":"<div>\n<p>Taurus, the Swiss crypto custody technology firm <a href=\"https:\/\/www.coindesk.com\/business\/2023\/09\/14\/deutsche-bank-to-delve-into-crypto-custody-tokenization-with-taurus\">that counts Deutsche Bank<\/a> among its customers, is rolling out a zero-knowledge proofs (ZKP) privacy layer for stablecoins, starting with Circle\u2019s USDC.<\/p>\n<p>Taurus\u2019s zero-knowledge carapace for stablecoins, a way of secretly sharing details about private data using mathematical proofs, was built on the privacy-centric Aztec Network. It continues work done on ZKP privacy enhancements for security tokens aimed at banks and financial institutions, released by Taurus earlier this year.<\/p>\n<p>Unlike everyday stablecoin transactions, <a href=\"https:\/\/www.coindesk.com\/consensus-magazine\/2024\/01\/11\/what-are-zero-knowledge-proofs\">the application of ZKP<\/a> tech means balances and transfers are encrypted and only readable by authorized parties such as issuers and regulators. This prevents unauthorized parties from monitoring wallets, reverse-engineering investment strategies, or physically targeting high-value users, according to a press release on Thursday.<\/p>\n<p>Stablecoins are one of the hottest areas within crypto right now. A landmark bill establishing a legal framework for the issuance and oversight of stablecoins <a href=\"https:\/\/www.coindesk.com\/policy\/2025\/06\/17\/u-s-senate-passes-genius-act-to-regulate-stablecoins-marking-crypto-industry-win\">was recently passed<\/a> by the U.S. Senate. Meanwhile, stablecoin supply has surged past $250 billion, a 1200% growth since 2020.<\/p>\n<p>The ZKP technology, which is open source, brings on-chain privacy to both the cash-leg and the security-leg of digital transactions, Taurus said.<\/p>\n<p>\u201cWe showed that it\u2019s possible to protect the privacy and security of stablecoin users while retaining the features of industry-standard stablecoins,\u201d said Jean-Philippe Aumasson, chief security officer at Taurus in a statement. \u201cThis addresses concerns that we\u2019ve repeatedly heard from banks looking at issuing stablecoins, central banks, and regulators.\u201d<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/business\/2025\/03\/04\/crypto-custodian-taurus-expands-footprint-to-turkey-through-bankpozitif-collaboration\">Crypto Custodian Taurus Expands Footprint to Turkey Through BankPozitif Collaboration<\/a><\/em><\/strong><\/p>\n<p><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Taurus, the Swiss crypto custody technology firm that counts Deutsche Bank among its customers, is rolling out a zero-knowledge proofs (ZKP) privacy layer for stablecoins, starting with Circle\u2019s USDC. Taurus\u2019s zero-knowledge carapace for stablecoins, a way of secretly sharing details about private data using mathematical proofs, was built on the privacy-centric Aztec Network. It continues [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-33877","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33877","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33877"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33877\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}