Fairblock has introduced CUSD, a privacy-focused stablecoin built on PYUSDx and initially deployed on Arbitrum. The project said the token is supported by M0, PayPal, MoonPay, and Predicate. CUSD allows standard public transfers, while also giving users the option to conceal payment amounts and account balances.
According to Fairblock, the product is aimed at both institutions and individual users. Institutions can use it to protect information tied to payroll distribution, treasury management, and OTC settlement, while individuals can hide on-chain payment amounts and transaction flows. Fairblock also said it plans to use economic incentives to drive adoption and expand the use of its privacy features, with more details to be announced later.
Fairblock has launched CUSD, a privacy stablecoin built on PYUSDx and first deployed on Arbitrum. The project said CUSD is supported by M0, PayPal, MoonPay, and Predicate.
CUSD supports public transfers, while also allowing users to hide payment amounts and account balances.
Fairblock said institutions can use the stablecoin to protect information related to payroll distribution, treasury management, and OTC settlement. Individual users, it said, can conceal on-chain payment amounts and transaction flows.
The team added that it plans to encourage adoption through economic incentives and expand the use of privacy features. More details will be announced later.
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