{"id":23916,"date":"2025-05-13T10:26:56","date_gmt":"2025-05-13T07:26:56","guid":{"rendered":"https:\/\/forklog.com\/en\/charles-hoskinson-announces-private-stablecoin-on-cardano\/"},"modified":"2025-05-13T10:26:56","modified_gmt":"2025-05-13T07:26:56","slug":"charles-hoskinson-announces-private-stablecoin-on-cardano","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/charles-hoskinson-announces-private-stablecoin-on-cardano\/","title":{"rendered":"Charles Hoskinson Announces Private Stablecoin on Cardano"},"content":{"rendered":"<p>Cardano may soon offer a stablecoin with a level of privacy comparable to cash. This was revealed by the platform&#8217;s founder, Charles Hoskinson, during the podcast Conversations with Leaders by eToro.<\/p>\n<p><iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/ROsIlpe0sm4?si=SayTyQ6Zw3CowOMu\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>According to him, users do not want &#8220;every purchase they make to be tracked by everyone all the time.&#8221;<\/p>\n<p>The initiative faces resistance from regulators. The EU will <a href=\"https:\/\/forklog.com\/en\/news\/eu-to-ban-private-tokens-by-2027\">ban<\/a> exchanges from dealing with private cryptocurrencies like <a href=\"https:\/\/forklog.com\/en\/news\/monero-zcash-and-dash-how-the-three-privacy-veterans-are-faring\">Monero and Zcash<\/a> starting in 2027.<\/p>\n<p>Hoskinson believes the issue can be resolved through &#8220;selective disclosure&#8221;\u2014for instance, transaction checks for anti-money laundering controls without full de-anonymization.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Cardano aims to be the first blockchain platform with a private stablecoin. This is possible if we combine technology with regulatory requirements,&#8221; he emphasized.<\/em><\/p>\n<\/blockquote>\n<p>Earlier, the &#8220;stablecoins&#8221; bill (<a href=\"https:\/\/forklog.com\/en\/news\/david-sacks-prioritizes-bitcoin-reserve-assessment\">GENIUS Act<\/a>) <a href=\"https:\/\/forklog.com\/en\/news\/stablecoin-bill-stumbles-in-key-us-senate-vote\">failed<\/a> at a key vote in the United States Senate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cardano may soon offer a stablecoin with a level of privacy comparable to cash. This was revealed by the platform&#8217;s founder, Charles Hoskinson, during the podcast Conversations with Leaders by eToro. According to him, users do not want &#8220;every purchase they make to be tracked by everyone all the time.&#8221; The initiative faces resistance from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23915,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[471,1256,807],"class_list":["post-23916","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-charles-hoskinson","tag-privacy-and-personal-data","tag-stablecoins"],"aioseo_notices":[],"amp_enabled":true,"views":"79","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/23916","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=23916"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/23916\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/23915"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=23916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=23916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=23916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}