Online reports that, according to an announcement released on Wednesday, Privacy Pools, an on-chain privacy solution backed by Ethereum co-founder Vitalik Buterin, is increasing support for stablecoins, providing a way to use assets such as USDT and USDC like cash. The agreement plans to increase support for Tether's USDT, Circle's USDC and Sky's algorithmic DAI stablecoins. Privacy Pools was created by Ameen Soleimani and Zak Cole to achieve online privacy while maintaining compliance. It uses a hybrid network design first proposed by Buterin in 2023, called an "association set provider" to filter out illegal or unwanted funds, and its development company 0xbow has raised funds from Bankless, Number Group, Public Works and multiple angel investors, including Buterin.