Circle, the company behind USD Coin (USDC), has introduced a privacy framework for ERC-20 token design. This recently proposed model, described in their “Confidential ERC-20 Framework” whitepaper, accomplishes the goal but within the bounds of global regulatory standards. Circle’s latest development is designed to make traditional ERC-20 tokens on the Ethereum Virtual Machine (EVM) into...
source: https://www.thecoinrepublic.com/2024/10/29/how-confidential-erc-20-by-circle-sets-a-new-standard-for-crypto/