Taurus Debuts Privacy Stablecoin Contract on Aztec Network

- Taurus debuts private stablecoin solution for sensitive transactions. - Integrates Aztec Network's ZK-proofs with regulatory compliance features. On June 26, 2025, Cointelegraph reported that Swiss-based crypto infrastructure provider Taurus launched a privacy-focused stablecoin contract designed for sensitive financial applications, such as payroll and intracompany transfers. The solution leverages Aztec Network’s zero-knowledge proofs to ensure transaction confidentiality while maintaining regulatory compliance. The contract addresses the transparency challenges that hinder broader stablecoin adoption on public blockchains, as their inherent openness complicates sensitive financial transactions. Therefore, Taurus aims to balance privacy with accountability by combining the confidentiality of zero-knowledge proofs with features that grant authorized access to issuers and regulators when necessary. This approach seeks to deliver the benefits of “dark stablecoins” without the associated regulatory risks. This development occurs amidst rapid growth in the stablecoin industry, which currently has a market capitalization exceeding $250 billion. Taurus predicts that as institutional and consumer adoption rises, the stablecoin supply could expand to $1-2 trillion by 2030. The launch also coincides with increasing global regulatory clarity. In the United States, the recently passed GENIUS Act provides a legislative framework for stablecoin issuance and oversight. Meanwhile, the European Union’s Markets in Crypto-Assets (MiCA) regulation has deemed stablecoin risks manageable, paving the way for their regulated adoption across the region. Founded in 2018, Taurus provides digital asset infrastructure to some of the world's leading financial institutions, including Deutsche Bank and State Street. The new private stablecoin contract includes administrative features like token minting and burning, pausing transfers during emergencies, and blacklisting addresses. These tools enable institutions to use stablecoins for payments and treasury functions while ensuring transaction privacy and asset security. According to data from Market Survey, as of 19:16 UTC on June 26, Tether (USDT) was trading at $1, representing a -0.004% change in the past 24 hours. Similarly, USD Coin (USDC) was trading at $1, with a -0.005% change over the same period.