Dear @0xMiden

More and more people are starting to use cryptocurrencies for trading, and merchants are making payments to each other using stablecoins.

However, there is a problem: these payment records are traceable.

Competitors can see everything on the chain clearly, which is fatal for doing business.

Since there is this demand, corresponding products will definitely emerge, such as @0xMiden, which is developing products in this area.

▪️ Privacy stablecoins will become a necessity. There are already many privacy products, most of which use similar interception logic, allowing content to be viewed only after consent.

▪️ Although this privacy feature is indeed much higher, it still causes some inconsistencies.

▪️ In the future, there may be iterations toward external privacy with internal visibility, making transactions transparent and clear to both parties, while others cannot see them.

The privacy track indeed faces many challenges. Being too transparent or too private is not acceptable; it’s unfriendly to users and also makes it easier for bad actors to exploit loopholes.

We are already looking forward to which track will be ignited in 2026 🔥🔥🔥

#Miden @KaitoAI #KaitoYap #Yap #ZK #FHE