Midnight launches privacy-focused USD stablecoin ShieldUSD
ChainCatcher reported that data protection blockchain Midnight Network has officially announced that W3i Software has launched the privacy-focused USD stablecoin ShieldUSD for its platform. ShieldUSD is designed to support real-world payments and financial workflows (such as payroll, B2B settlements, and institutional-level DeFi transactions) while maintaining privacy.
Midnight stated that institutional users can cryptographically prove the validity and compliance of transactions when using ShieldUSD, without disclosing sensitive business or personal data.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Disciplined capital expenditure attracts market favor as Apple (AAPL.US) surpasses Nvidia (NVDA.US) to reclaim the top spot in global market capitalization
As concerns about Wall Street's massive returns on tech giants' artificial intelligence investments continue to intensify, Apple surpassed Nvidia on Friday to once again become the world's most valuable publicly traded company.

AI burning cash sparks credit risk concerns! S&P downgrades Meta (META.US) rating outlook to "negative," questioning its ability to monetize massive investments
S&P Global Ratings has revised Meta's credit rating outlook from “stable” to “negative,” citing the company's continued expansion of artificial intelligence (AI) capital expenditures, which has turned free cash flow negative. There remains uncertainty over whether these significant AI investments will generate sufficient returns in the coming years.

Prospect Ridge Raises $1.84 Million in Private Placement
