Aleo Network Foundation has officially joined the Global Dollar Network (GDN), becoming the first privacy-focused Layer-1 blockchain to do so. Initiated by Paxos, GDN includes major participants such as Robinhood, Worldpay, Standard Chartered, Kraken, and Anchorage Digital. The network aims to establish a secure and compliant ecosystem for the USDG stablecoin.
Aleo's integration brings its zero-knowledge proof infrastructure to GDN, supporting programmable and confidential transactions. This enhances the USDG's applicability in privacy-sensitive payment scenarios, opening new growth opportunities for institutional and developer-level applications. The move underscores blockchain's potential in data-sensitive environments requiring robust user privacy protection.
Aleo Network Joins Global Dollar Network as First Privacy Layer-1 Blockchain
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