@zanetran
Why Circle Sees Fully Homomorphic Encryption (FHE) as a Turning Point for Stablecoins?
Circle is one of the organizations that is highly bullish on @zama’s FHE technology as Zama’s FHE (Fully Homomorphic Encryption) can bring some important benefits to stablecoins and blockchain payment infrastructure:
Transaction and User Data Security
With FHE, data can be encrypted but still processed without decryption.
--> This helps secure stablecoin balances, addresses, etc. while maintaining the necessary transparency on the blockchain.
Legal Compliance (KYC/AML) without exposing sensitive information
- Stablecoins are often subject to KYC/AML regulations.
- FHE allows compliance conditions (e.g. legitimate source of funds, transaction limits) to be checked without revealing all personal data.
#ZamaCreatorProgram
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