Aleo has launched the privacy stablecoin USDCx in collaboration with Circle, now available on the mainnet for institutional users

The zero-knowledge proof public chain Aleo announced that its privacy stablecoin USDCx has been launched on the mainnet, which is based on Circle's xReserve. USDCx is aimed at institutional users and is primarily used for scenarios such as payroll, settlement, and vendor payments. Mainnet launch partners include Toku, Request Finance, Dynamic, Blockdaemon, Chainalysis, and others.