Citing Odaily, stablecoin payment blockchain BenFen has officially launched its native privacy payment feature following the v1.24.2 mainnet upgrade. The feature provides end-to-end encryption for account details, balances, and transaction paths, ensuring data confidentiality while maintaining on-chain verifiability. Developed by the BenFen team in collaboration with State Labs, the solution uses a combination of Move VM, MPC, and TSS to enable distributed signing and authorization without exposing private keys. The native privacy functionality is already integrated into the BenPay application, allowing users to create privacy wallets and convert stablecoins into privacy coins for secure transactions.
BenFen Blockchain Launches Native Privacy Payment Feature
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