Dear @0xMiden More and more people are using cryptocurrencies for transactions, with merchants using stablecoins for payments. However, a problem exists: these payment records are traceable. Competitors can see everything on the blockchain, which is fatal for businesses. Since there's this demand, corresponding products will inevitably emerge, such as those developed by @0xMiden. ▪️Privacy stablecoins will become a necessity. Many privacy products already exist, but most rely on blocking; content is only accessible after consent. ▪️While this offers significantly higher privacy, it still introduces some inconveniences. ▪️Future iterations may focus on external privacy with internal visibility, ensuring transparency for both transacting parties while remaining invisible to others. The privacy track is indeed fraught with challenges. Too much transparency or too much privacy is problematic; it's unfriendly to users and vulnerable to exploitation. I'm already looking forward to seeing which sector will ignite in 2026! 🔥🔥🔥 #Miden @KaitoAI #KaitoYap #Yap #ZK #FHE