Aleo releases a white paper on privacy stablecoins, proposing a permissionless, institution-grade privacy stablecoin architecture.

Aleo released its white paper, "Stablecoin Privacy," stating that the privacy layer is a crucial infrastructure missing from the mainstream institutional adoption of blockchain payment tracks. Aleo argues that while the GENIUS Act provides opportunities for the large-scale adoption of stablecoins, the issue of permanently public transaction information on public blockchains may still hinder institutions from using stablecoins in scenarios such as payroll, fund management, and supplier payments.