DeFi· ★★★· neutral·

TACEO Launches Merces for Private Blockchain Payments

  • —Merces is live on Monad and World Chain, keeping balances and counterparties off public ledgers
  • —The system combines multiparty computation with cryptographic proofs, a framework TACEO calls coSNARKs
  • —Integrations cover banking back-office (IntellectEU), cross-chain transfers (LayerZero), tokenized vaults (Orion Finance) and shared-state privacy (Zenith on Canton)
  • —TACEO was founded in 2022 out of Graz University of Technology and backed by a16z Crypto Startup Accelerator
Why it matters: Privacy remains a key barrier to institutional adoption of public blockchains; Merces aims to deliver verifiable payments without exposing sensitive financial data.
Source: CoinTrust
More on this
DeFi · Sep 24
LayerZero integrates TACEO's Merces for private cross-chain transfers
 DeFi · Sep 16
Circle launches Arc blockchain for payments and tokenized assets
 DeFi · Sep 22
ACI Worldwide Expands Connetic Payments Hub to Support Swift's Blockchain Ledger