{"id":25379,"date":"2025-07-17T10:09:39","date_gmt":"2025-07-17T07:09:39","guid":{"rendered":"https:\/\/forklog.com\/en\/privacy-pools-integrates-usds-stablecoin-from-sky\/"},"modified":"2025-07-17T10:09:39","modified_gmt":"2025-07-17T07:09:39","slug":"privacy-pools-integrates-usds-stablecoin-from-sky","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/privacy-pools-integrates-usds-stablecoin-from-sky\/","title":{"rendered":"Privacy Pools Integrates USDS Stablecoin from Sky"},"content":{"rendered":"<p>The privacy solution Privacy Pools, supported by Ethereum co-founder Vitalik Buterin, has integrated the USDS stablecoin from the Sky platform (formerly known as <a href=\"https:\/\/forklog.com\/en\/news\/makerdao-rebrands-as-sky-introduces-new-tokens\">MakerDAO<\/a>).<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">USDS is now live on Privacy Pools.<\/p>\n<p>Deposit privately and keep full transparency with ZK proofs. <a href=\"https:\/\/t.co\/tTsr2DzSK7\">https:\/\/t.co\/tTsr2DzSK7<\/a><\/p>\n<p>\u2014 Sky (@SkyEcosystem) <a href=\"https:\/\/twitter.com\/SkyEcosystem\/status\/1945453984950480953?ref_src=twsrc%5Etfw\">July 16, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThis is just the beginning [\u2026]. In the coming weeks, we will add support for new assets, ecosystems, and use cases, providing them with a compliance-level privacy,\u201d project representatives stated.<\/p>\n<\/blockquote>\n<p>Developed by the startup 0xbow, the Privacy Pools protocol employs a mixnet based on zero-knowledge (ZK) proofs and the Association Set Provider mechanism to allow only \u201cclean\u201d funds. The solution ensures privacy for ordinary users while maintaining regulatory compliance.<\/p>\n<p>The Association Set Provider was proposed by Vitalik Buterin in 2023 in collaboration with Chainalysis researcher Jakob Illum, as well as academics Matthias Nadler and Fabian Schar. Unlike traditional mixers like Tornado Cash, Privacy Pools uses so-called \u201cassociation sets\u201d to filter out dubious funds and prevent them from entering the pool.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cUSDS Privacy Pools conceals whose deposit is yours and proves that the funds are not linked to violators\u2014all with ZK. Privacy, USD stability, no \u2018toxic\u2019 assets. Very proud of realizing the original DAI idea within a new ecosystem,\u201d <a href=\"https:\/\/x.com\/RuneKek\/status\/1945438331694620998\">commented<\/a> Sky creator Rune Christensen.<\/p>\n<\/blockquote>\n<p>In June, 0xbow <a href=\"https:\/\/forklog.com\/en\/news\/buterin-backed-project-introduces-private-stablecoin-payments\">announced<\/a> support for major stablecoins\u2014USDT from Tether, USDC from Circle, and DAI from Sky. In the latest update, the platform integrated USDS, an algorithmic token that combines decentralization with regulatory compliance.<\/p>\n<p>The 0xbow project was founded by Ethereum pioneers Amin Soleimani, Nathan Freed, and Zac Cole. It has received funding from Bankless, Number Group, Public Works, and several private investors, including Vitalik Buterin.<\/p>\n<p>Back in 2023, the Ethereum co-founder described privacy as \u201cthe biggest remaining problem\u201d of the network and proposed a solution.<\/p>\n<p>In 2024, Buterin <a href=\"https:\/\/forklog.com\/en\/news\/vitalik-buterin-explores-everyday-applications-for-cryptocurrencies\">listed<\/a> use cases for cryptocurrencies in everyday life. In particular, he suggested using ZK mechanisms for verifying \u201cidentity, credentials, or reputation.\u201d<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The privacy solution Privacy Pools, supported by Ethereum co-founder Vitalik Buterin, has integrated the USDS stablecoin from the Sky platform (formerly known as MakerDAO).<\/p>\n","protected":false},"author":1,"featured_media":25378,"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":[1256,1317],"class_list":["post-25379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-privacy-and-personal-data","tag-zkp"],"aioseo_notices":[],"amp_enabled":true,"views":"43","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/25379","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=25379"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/25379\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/25378"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=25379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=25379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=25379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}