Zama Launches On-Chain Privacy Transfer Service for Retail Users

Privacy protocol Zama announced the launch of an on-chain privacy asset transfer service for retail users. According to Odaily, the service allows users to convert U.S. dollar stablecoins such as USDT and USDC into corresponding privacy tokens. Zama said the privacy tokens can be used to conceal on-chain asset holdings and transfer amounts. The protocol also said it plans to work with Steakhouse and Morpho to introduce yield vaults that support privacy tokens.