Articles from The Aleo Network Foundation

The Aleo Network Foundation, the nonprofit corporation that oversees the health of the Aleo Network, a privacy preserving blockchain that powers secure, programmable, payments, today announced the appointment of Kyle Zink as Chief Marketing Officer. In his new role, Zink will oversee communications, product marketing, and go-to-market, translating zero-knowledge blockchain innovations into business value as stablecoins move into mainstream finance with a growing demand for privacy.

Provable Inc. and The Aleo Network Foundation today announced the launch of Shield Wallet (“Shield”), a privacy-focused crypto wallet, built for the Aleo Network (Aleo), arriving at a critical inflection point for the industry as transparent-by-design blockchains show limits in real-world financial use. As stablecoins scale into payroll, cross-border payments, and institutional settlement, Shield introduces a new standard for on-chain privacy built for the next phase of crypto adoption.

Paxos Labs, the enterprise infrastructure platform for embedded on-chain finance, and the Aleo Network Foundation, the non-profit organization supporting the Aleo Network, today announced that USAD, a U.S. dollar-pegged stablecoin 1:1 backed by compliant USDG reserves, is now live on Aleo mainnet. USAD is the first stablecoin issued on a Layer 1 blockchain that combines smart contract programmability with privacy by default.

The Aleo Network Foundation, the non-profit corporation that oversees the health of the Aleo Network, a privacy and compliance infrastructure that powers secure, programmable, worldwide payments, today announced a partnership with Paxos Labs, the enterprise infrastructure platform for embedded on-chain finance, from branded stablecoin creation to yield-on-stablecoins, integrating compliant money markets, and more. Together, they are launching USAD, the first U.S. dollar stablecoin issued on a layer 1 blockchain that combines smart contract capabilities with enhanced privacy, ensuring sensitive information such as participant identities and transaction amounts are kept confidential.

The Aleo Network Foundation (Aleo), the non-profit corporation that oversees the health of the ALEO Network, a privacy and compliance infrastructure that powers secure, programmable, worldwide payments, today announced it has joined Binance Alpha, a pre-listing discovery program spotlighting the industry’s most promising projects.