Circle to launch privacy-focused stablecoin USDCx on Aleo blockchain

Circle has partnered with Aleo to launch USDCx, a privacy-oriented version of its stablecoin that conceals transaction history, Aleo co-founder Howard Wu said in a December 9 interview with Fortune. He said USDCx is designed to offer what he described as "bank-level privacy" for users' transactions on the Aleo network.