PANews reported on June 26 that according to CoinDesk , Swiss crypto custody technology company Taurus has launched a stablecoin privacy layer based on zero-knowledge proof ( ZKP ), which is the first to support Circle 's USDC . The technology is based on the privacy-oriented Aztec Network development, which enables encrypted transactions and balances to be read only by authorized parties such as issuers and regulators, effectively preventing unauthorized monitoring and user information leakage.