Stablecoin Standard and Aleph Zero Announce Strategic Partne...

Stablecoins pegged to fiat currencies are key for mainstream blockchain adoption, but only if transactions remain private. Stablecoin Standard, the industry body for stablecoin issuers globally, and Aleph Zero, a privacy-enhancing layer 1 blockchain announce their strategic partnership aimed at stimulating commerce on chain. By partnering with Stablecoin Standard, Aleph Zero is engaging with most of the top stablecoin issuers around the world, currently representing 17 differently denominated currencies, including CAD, CHF, EUR, GBP, HKD, JPY and USD. The objective is to enable users of the Aleph Zero ecosystem to have multiple safe harbors on-chain that they can settle in, no matter where they are based. As Stablecoin Standard aggregates more fiat-backed stablecoin issuers, Aleph Zero users will have greater access to on-ramp and settlement options denominated in their domestic curren...