Taurus Launches First Private Stablecoin Contract

Taurus SA, a leader in digital asset infrastructure, has deployed the world’s first private stablecoin contract, combining the privacy protections of zero-knowledge proofs with the compliance requirements demanded by regulators, issuers, and law enforcement agencies.

Unlike legacy stablecoins that operate entirely in the open, Taurus’s stablecoin contract provides confidentiality, untraceability, and anonymity—while maintaining selective visibility for authorized entities such as regulators or law enforcement.

Built on the Aztec Network, the contract leverages a zero-knowledge Layer 2 architecture to deliver full transaction privacy and robust compliance controls. This latest innovation follows Taurus’s Q1 2025 launch of the first open-source private security token, bringing on-chain privacy to both cash-leg and security-leg components of digital transactions.

“This marks a major step forward for stablecoins,” said JP Aumasson, Chief Security Officer at Taurus.
“We’ve shown that it’s possible to protect privacy and user security while maintaining the essential features of compliant, regulated stablecoins. This directly addresses concerns we’ve consistently heard from banks, central banks, and regulators.”

Arnaud Schenk, Executive Director at Aztec Network, added:
“Enforced global transparency on public blockchains limits real-world adoption. Aztec’s zero-knowledge Layer 2 is the only platform that offers airtight privacy for users, while embedding issuer-defined compliance controls directly into the token.”

Launch Coincides with Global Regulatory Momentum

The announcement comes as the GENIUS Act, a landmark U.S. bill for stablecoin oversight, recently passed the Senate—signaling growing regulatory clarity for the space. With the stablecoin market surpassing $250 billion—a 1200% increase since 2020—Taurus projects total supply could reach $1–2 trillion by 2030, driven by institutional adoption and compliant frameworks.

Key Features of the Taurus Private Stablecoin Contract

The smart contract replicates core functionalities of leading stablecoins such as Circle’s USDC, including:

• Centralized minting and burning
• Emergency transfer pause controls
• Address blacklisting for sanctions compliance
• Full event logging for audit trails

Yet, all balances and transfers remain encrypted—shielded from unauthorized observers while allowing authorized parties controlled access. This design prevents wallet monitoring, reverse engineering of investment strategies, and physical risk exposure for high-value users.

The contract unlocks a path for financial institutions to issue privacy-preserving, compliant stablecoins for use in treasury, payment, and B2B applications—without compromising on regulatory observability or operational flexibility.