Circle has finally set its sights on the privacy track. Can the STRK20 compliance framework balance regulatory and anonymity demands? It feels like DeFi is about to change again.

Wu has learned that USDC has announced the launch of its privacy feature on Starknet: STRK20, a privacy capability for ERC-20 tokens with built-in compliance. Users can make USDC private, transfer it, and then remove its privacy status, while hiding balances, amounts, and counterparty information on the public ledger. USDC still remains a USD-pegged stablecoin, and the new feature can be used for payments, treasury management, payroll, and Starknet on-chain financial activities.