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Miden launches USDCx, a privacy-focused stablecoin enabling confidential transactions with selective disclosure.

Protocol Fundamentals
12 Aug 2026
Coindesk
View Source
Bullish
pluang ai news

Miden is launching USDCx, a new stablecoin backed 1:1 by USDC via Circle's xReserve, designed to keep transactions private by default. Users can transact without exposing balances, counterparties, or histories, yet selectively disclose information for compliance. The stablecoin will debut alongside Miden's zero-knowledge mainnet later this month, targeting use cases like payments, trading, payroll, and corporate treasury. This innovation addresses privacy challenges in institutional finance by combining confidentiality with regulatory compliance on blockchain.

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