Miden to Launch Privacy-Focused USDC-Backed Stablecoin Using Circle’s xReserve
6 Articles
6 Articles
USDCx Is Not USDC, and Miden's Chain Has Not Launched
Miden said on 12 August 2026 that it will issue USDCx, a privacy-focused token backed one-for-one by USDC held in Circle’s xReserve, when its mainnet debuts at the end of this month. The token is not USDC. The chain is not live. Users would hold and transfer USDCx without publicly revealing balances, counterparties, or histories, the company said, with a selective-disclosure path for auditors, regulators, and counterparties. That is the pitch. T…
They plan to launch USDCx, a privacy-focused stablecoin, and supported 1:1 by USDC through Circle’s xReserve infrastructure, as zero-knowledge blockchain prepares to launch its mainnet later this month, the project reported. Natively issued in Miden, USDCx will allow users to transfer stablecoins without publicly exposing balances, counterparties or transaction histories. They measure that their selective disclosure system will also allow inform…
Reap Kicks Off Hyperliquid USDC Funding Rail for Corporate Treasuries
Global fintech Reap announced yesterday that it now supports USDC funding via Hyperliquid. The Reap Hyperliquid USDC move will enable clients to generate a Hyperliquid wallet address with Reap, and then send USDC on Hyperliquid’s network to fund their respective cards and payment balances. Previously, moving USDC into a Reap balance involved routing it via an intermediary exchange or wallet. This would also grow Reap’s network coverage for stabl…
Reap Adds Direct USDC Funding via Hyperliquid
Reap has added direct USDC funding via Hyperliquid, letting business clients move working capital from the network straight into card and payment balances without an intermediary exchange. The post Reap Adds Direct USDC Funding via Hyperliquid appeared first on techcoffeehouse.com.
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