Digital asset infrastructure company Taurus, whose clients include Deutsche Bank and State Street Bank, has launched its first private stablecoin contract for financial institutions and companies, aiming to address concerns of users who are holding a wait-and-see attitude towards using stablecoin due to privacy issues, according to online reports. The contract is built on the Aztec Network, a privacy-conscious Ethereum second-layer network (supported by a16z). It combines zero-knowledge privacy protection with compliance features designed with reference to the USDC model, including casting/destruction control, emergency suspension, blacklist mechanism and audit log and other functions.