Crypto Blog
By partnering with Stablecoin Standard, Aleph Zero is engaging with most of the top stablecoin issuers around the world, currently representing 17 differently denominated currencies, including CAD, CHF, EUR, GBP, HKD, JPY and USD. The objective is to enable users of the Aleph Zero ecosystem to have multiple safe harbors on-chain that they can settle in, no matter where they are based.
Consumers expect their transactions to be private by default, so the adoption of stablecoins on privacy-focused blockchains is set to shape the future of web3 commerce. However, Aleph Zero’s privacy also actively addresses anti-money laundering and countering the financing of terrorism requirements.
Aside from reconciling in local currencies for businesses on-chain, other exciting use cases that will be explored include on-chain FX and instantaneous international remittance.
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