DeFi· ★★★· bullish·

USDCx on Aleo Goes Live in Ledger Wallet With Private Stablecoin Transactions

  • —USDCx on Aleo is the first privacy-preserving stablecoin in a mainstream hardware wallet
  • —The token is minted via Circle's xReserve and backed 1:1 by USDC
  • —A view key lets users see balances without granting spending authority
  • —Swaps route through SwapKit and NEAR Intents without manual bridging
Why it matters: Private stablecoins are reaching mainstream wallets, potentially accelerating their use in payments and business-to-business settlement.
Source: UseTheBitcoin