zERC20 has announced the launch of zBNB, enabling private transactions on the BNB Chain. zBNB maintains the familiar BNB user experience while utilizing ZK Proof-of-Burn technology to create encrypted proofs, ensuring that zBNB's on-chain history is completely separate from original BNB transaction records. Users can perform private transfers without additional software by wrapping BNB into zBNB and sending it to a recipient's burn address. Directly sending BNB will result in permanent loss. Binance founder CZ shared the announcement, noting that the BNB privacy project was developed by Japanese partners, and clarified that there are no investment or commercial ties involved.