[Circle Partners with Aleo to Launch Privacy Stablecoin USDCx] Circle co-founder and CEO Jeremy Allaire announced a partnership with Aleo to launch a privacy version of the stablecoin, USDCx. Aleo co-founder Howard Wu stated that USDCx will conceal transaction history, addressing the concerns of large institutional clients who do not wish to disclose balances and payment histories. Each USDCx transaction includes compliance records, which Circle can access upon law enforcement inquiries, but it is displayed to the public as data blocks, offering bank-grade privacy.