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Zama Spin-Off Raycash Launches Confidential Stablecoin Payments on Ethereum

(2 hours ago) · 1 source · Summarized by CryptoBipto

Raycash, a spin-off from encryption technology company Zama, has launched a platform offering confidential stablecoin payments and private yield features on the Ethereum network. The project aims to bring privacy-preserving capabilities to stablecoin transactions using encryption techniques developed by its parent company.

WHY IT MATTERS

When you send money using most cryptocurrencies like Ethereum, the transaction details are recorded on a public ledger that anyone can view — think of it like a shared spreadsheet that the whole world can read.

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SOURCES

  • theblock.co

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