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Morning Edition · Tuesday, August 25, 2026Published at 1:50 AM EDT · New York
Miden Will Issue a Private Dollar Token Backed by USDC Through Circle's Reserve Program
USDCx keeps transfers private by default while letting holders prove balances and provenance selectively to auditors and counterparties, and it arrives with the network's mainnet launch.
Miden announced USDCx, a dollar token issued on its own network and backed one-for-one by USD Coin held through Circle's cross-chain reserve program. Transfers are private by default, and holders can produce proofs of balance, provenance or…
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Privacy Chains Pivot From Niche to Institutional Pitch
Over 3-6 months, confidential execution reframes as a prerequisite for serious/institutional on-chain use, with privacy L2s shipping live networks and contesting who controls confidentiality.
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