Midnight launches privacy dollar stablecoin ShieldUSD

According to official news, the data protection blockchain Midnight Network has announced that W3i Software has launched the privacy dollar stablecoin ShieldUSD, aimed at supporting real-world payments and financial workflows (such as payroll, B2B settlements, and institutional-level DeFi transactions) while maintaining privacy.

Midnight stated that institutional users can prove the validity and compliance of transactions using ShieldUSD through encryption, without the need to disclose sensitive business or personal data.