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USDT gains privacy on Zama with $131M in shielded stablecoin volume on Ethereum

Protocol Fundamentals
15 Sep 2026
Crypto Briefing
View Source
Bullish
USDT gains privacy on Zama with $131M in shielded stablecoin volume on Ethereum

Tether's USDT is now available as a confidential token (cUSDT) on Zama, which uses fully homomorphic encryption to hide transaction amounts and balances on Ethereum. Since its launch in January 2026, cUSDT has reached a cumulative shielded volume of $131.3 million and a total value locked of $7.7 million, showing strong adoption. This privacy feature is crucial for institutions to protect financial details from competitors and front-running. Zama's approach of wrapping regulated stablecoins supports compliance while enabling confidential DeFi transactions, with further growth expected through integrations like Morpho vaults and the $ZAMA token ecosystem.

Tether's USDT is trading at Rp17.690 with a slight 0.20% gain on Pluang, showing steady investor interest. Meanwhile, ZAMA is priced at Rp837 and has dipped 1.13% as of Sep 15, 2026 22:26 WIB, reflecting some short-term selling pressure amid its growing DeFi ecosystem.

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