Aleo and Global Dollar Network join forces to pave the way for privacy compliance.
Aleo is the first privacy-first programmable L1 blockchain built from the ground up, ensuring that transactions are verifiable through zero-knowledge proofs while keeping details private. The team behind it spans the DOJ, the White House National Security Council, Google, Meta, a16z, with investors including a16z, Tiger Global, Coinbase, Samsung Next, SoftBank, and has raised over $250 million.
Its goal is to transform privacy from a gray area into a compliant and usable infrastructure, allowing both businesses and individuals to truly control their data. This collaboration with @global_dollar, a compliant stablecoin network, is significant as their USDG is already circulating across multiple chains including Solana, Ink, and Ethereum, and they have partnered with top institutions like Robinhood, Kraken, Worldpay, and Anchorage Digital, effectively filling the "privacy" technology gap missing in stablecoins.
This partnership with @AleoHQ also highlights the many aspects that need to be addressed for stablecoins to be integrated into real-world financial payments. We believe that various application scenarios will soon emerge in everyday life.
BIG news: Aleo is the first Layer 1 to join @Global_Dollar Network.
With programmable, private payments, we’re filling a critical gap in the stablecoin ecosystem and helping bring encrypted dollars to the world.
Building the future of finance and it feels good 💪
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