Midnight Launches Privacy-Focused Dollar Stablecoin ShieldUSD

Odaily News According to an official announcement from the data protection blockchain Midnight Network, W3i Software has launched the privacy-focused dollar stablecoin ShieldUSD for it. The stablecoin aims to support real-world payment and financial workflows (such as payroll, B2B settlements, and institutional-grade DeFi transactions) while maintaining privacy. Midnight stated that institutional users can cryptographically prove the validity and compliance of transactions when using ShieldUSD, without having to disclose sensitive business or personal data.