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Morning Edition · Tuesday, September 15, 2026Published at 1:52 AM EDT · New York
Miden Says It Will Issue a Native Private Dollar Backed Through Circle's Reserve Programme
USDCx would let a Circle-backed stablecoin move with hidden amounts and counterparties, the first case of the largest regulated issuer supplying a confidential chain.
Miden, a privacy-oriented zero-knowledge network, announced that a native dollar token called USDCx is coming to its chain, issued by Miden and backed by USDC through Circle's xReserve programme. The announcement accompanies what the team c…
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Part of a tracked trend
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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