Starknet Develops Privacy Feature for Protected Stablecoin Issuance

Starknet is working on a new privacy feature aimed at enabling teams to issue protected stablecoins and other assets while maintaining compliance. According to BlockBeats, this feature, known as the STRK20 framework, is being developed by StarkWare and is expected to be deployed on Starknet later this year. The framework is designed to provide token-level privacy protection for assets issued on Starknet, ensuring transaction and balance confidentiality while remaining compatible with decentralized finance (DeFi) applications. The team indicates that Starknet's solution is anticipated to support ERC-20 tokens, the standard used by most fungible assets on Ethereum.