[Circle to Launch USDCx Stablecoin with 'Bank-Grade Privacy,' Deployed on Aleo Blockchain] According to Fortune, Circle will collaborate with privacy-focused blockchain Aleo to launch a new stablecoin, USDCx, aimed at providing 'bank-grade privacy.' The transaction history of this coin will not be visible to the public and will only appear as encrypted data 'information blocks.' However, each transaction will include compliance records that Circle can access upon law enforcement requests. Aleo co-founder Howard Wu stated that USDCx meets institutional demands for confidentiality and has already attracted interest from potential partners such as Request Finance and Toku.