Miden Launches USDCx, a Privacy-Focused Stablecoin Built on USDC

Miden has introduced USDCx, a new privacy-focused stablecoin derived from USDC. The token is designed to allow users to conduct transactions without publicly revealing their account balances, transaction histories, or the identities of counterparties. Despite its privacy features, USDCx supports selective disclosure, enabling users to share transaction details when required for regulatory compliance. The move signals Miden's strategic push into privacy-preserving financial infrastructure within the stablecoin space.