The Aleo Network Foundation, ever the fan of privacy (and who can blame them?), has decided to team up with Paxos Labs for something revolutionary: a US dollar-pegged stablecoin called USAD. Oh yes, folks, it’s going to be encrypted end-to-end with privacy features built right into its core. No more sharing your secrets with anyone-well, except maybe your cat, if it knows your private keys. 😼
So, Paxos Labs, the people behind the issuance of USAD, will also be managing the reserves for this groundbreaking stablecoin. According to a press release on October 1 (because nothing says “trustworthy” like a press release), USAD will be the very first stablecoin to launch on a layer-1 blockchain with full encryption and privacy. Take that, traditional blockchains! 🧑💻
Now, let’s talk about the blockchain. On the average blockchain, your wallet IDs, transfer amounts, fees, and timestamps are all public knowledge. Basically, it’s like posting your bank statements on your fridge for everyone to admire. 🍿 But Aleo’s blockchain? It’s like Fort Knox. Your data stays locked away-no peeking. 🔒
Paxos Labs, in an attempt to sound even fancier than they already do, called USAD “programmable dollars that are private by design and backed by regulated USDG reserves.” Yep, that’s a lot of jargon. But don’t worry, Aleo had its own post to remind us that this coin is all about keeping your information safe and confidential. Very 007. 🕵️♂️
We’re excited to announce our partnership with @PaxosLabs to introduce USAD: a next-generation stablecoin that is both private, compliant, and a first of its kind. Together, we’re bringing a digital dollar that keeps your information safe and your transactions confidential.
The…
– Aleo (@AleoHQ) October 1, 2025
The Stablecoin Supercycle: Major Players Join the Privacy Revolution
2025 is shaping up to be the year that stablecoins aren’t just stable-they’re also *everywhere*. World Liberty Financial is making its grand entrance with a USD1 stablecoin, set to launch on the Aptos Network by October 6. Hold onto your hats, folks! 🎩
Not to be outdone, Phantom, the team behind the ever-popular Phantom Wallet, has launched their own US dollar-pegged stablecoin called CASH (because we all need more of that). It’s making waves on the Solana blockchain, and people are starting to call this whole boom “the stablecoin supercycle” or, more dramatically, “the stablecoin wars.” I can’t decide if I want a front-row seat or popcorn. 🍿💸
Meanwhile, big fintech players like Brex and Visa are jumping on the bandwagon. Brex, ever the innovator, has announced that it’s integrating native stablecoin payments into its platform. So now you can pay off your corporate balances with stablecoins-like a futuristic business tycoon, but with less of the actual money part. 💼
Visa, not one to miss out on any trend, has also launched a prefund pilot to explore using stablecoins for cross-border remittances through its Visa Direct service. Because, you know, sending money across borders the old-fashioned way was *so* last year. ✈️
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2025-10-01 22:23