The on-chain privacy solution Privacy Pools supported by Vitalik Buterin has added stablecoin support.

2025-06-25 22:03:03

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Golden Finance reports that, according to an announcement released on Wednesday, the on-chain privacy solution Privacy Pools, supported by Ethereum co-founder Vitalik Buterin, is increasing its support for stablecoins, thereby providing a way to use assets like USDT and USDC like cash. The protocol plans to add support for Tether's USDT, Circle's USDC, and Sky's algorithm DAI stablecoin. Privacy Pools, created by Ameen Soleimani and Zak Cole, aims to achieve on-chain privacy while maintaining compliance. It employs the mixed network design first proposed by Buterin in 2023, known as "associated set providers," to filter illegal or unwanted funds. Its development company, 0xbow, raised funds from Bankless, Number Group, Public Works, and several angel investors, including Buterin.

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