Taurus Launches First Private Stablecoin Contract with Encrypted Transfers and Regulatory Compliance
Swiss digital asset firm Taurus SA has announced the launch of its first private stablecoin contract, setting a new standard for privacy and compliance in the stablecoin sector. Built on the Aztec network, the smart contract leverages zero-knowledge proofs to encrypt wallet balances and transactions—marking a significant departure from traditional, transparent stablecoin models.
Unlike most public stablecoins that allow third parties to track wallet activity, Taurus’ private contract ensures that only authorized parties—such as issuers and regulators—can view transaction details. For users, this means increased protection from potential privacy breaches, investment profiling, or physical threats linked to high-value holdings.
“The launch of our private contract is a major step forward in advancing both security and anonymity for stablecoin users,” said JP Aumasson, Chief Security Officer at Taurus. “We’ve proven that it’s possible to maintain the functionality of leading stablecoins while offering institutional-grade privacy and compliance.”
Beyond encryption, the contract includes key features typically found in established USD-pegged stablecoins like USDC. These include admin-controlled mint and burn functions, emergency pause capabilities, address blacklisting, and on-chain event logging for verifiable audit trails. Together, these tools allow financial institutions to issue stablecoins for payments, treasury functions, and digital asset operations—without sacrificing security or regulatory oversight.
The announcement comes at a time when lawmakers are paying closer attention to stablecoin regulation. The recent passage of the GENIUS Act in the U.S. Senate aims to establish a clear legal framework for stablecoins, reflecting growing global interest in their utility. Since 2020, the total stablecoin market has surged past $250 billion, marking a 1,200% increase in supply.
Founded in 2018 and based in Switzerland, Taurus SA provides enterprise-grade infrastructure for digital assets, supporting everything from cryptocurrencies and tokenized securities to NFTs and digital currencies. With this latest move, the company continues to bridge the gap between privacy-driven innovation and the strict demands of financial regulation.