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Morning Edition · Monday, September 14, 2026Published at 1:49 AM EDT · New York
Miden Puts a Private USDC-Backed Stablecoin at the Center of Its Network Launch
USDCx will be issued natively through Circle's xReserve contracts rather than a third-party bridge, with transactions private by default and selective disclosure to auditors and counterparties.
Miden, a zero-knowledge network built around client-side execution, has announced USDCx, a stablecoin backed one-to-one by USDC held in Circle's xReserve contracts. The backing sits in contracts Circle deploys and operates on Ethereum, so t…
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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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