Crypto and Payments Firm MobileCoin Launches New Stablecoin – ‘Electronic Dollars’

“To our knowledge, no project has created a native stablecoin with privacy properties, which is a first-class citizen in the ecosystem, and which never requires the use of ‘non-private’ transaction technologies to use normally. In short, no one has yet actually created a private digital dollar,” MobileCoin stated in the eUSD whitepaper.