Privacy and transparency are often treated as two opposite sides of onchain finance. But I think the real challenge is making both work together. Take a stablecoin, for example. Users want to know that its reserves are real, but institutions don’t necessarily want to expose every financial detail behind those reserves. This is where @primus_labs gets interesting. Its approach connects several important pieces of infrastructure: Confidential Vault on BNB Chain allows users to hold, transfer and earn with encrypted assets while keeping balances and transaction amounts private. Its Proof of Reserves system takes another approach to transparency, allowing reserve information to be verified without exposing sensitive operational data. And with FHE, computations can happen directly on encrypted information rather than requiring everything to be decrypted first. What makes this more interesting is how these technologies complement each other. zkTLS helps bring verifiable information from existing platforms, while FHE and privacy-preserving verification create new ways to use that information securely. To me, this is bigger than simply making transactions private. Onchain finance needs institutions to trust the infrastructure, users to trust the assets, and everyone to have access to meaningful verification. Primus is working toward connecting those requirements in one ecosystem. The real test will be how well these solutions perform as adoption grows, but I believe this is a much more useful direction for privacy technology than simply hiding transaction data.