Taurus launches Open Source stablecoin privacy technology based on USDC.

PANews June 26 news, according to CoinDesk reports, Swiss encryption accomplice technology company Taurus has launched a zk-SNARKs-based stablecoin privacy layer, initially supporting Circle's USDC. The technology is developed based on the privacy-oriented Aztec Network, enabling encryption transactions and balances, which can only be read by authorized parties such as issuers and regulatory agencies, effectively preventing unauthorized monitoring and user information leakage.