Zama mainnet launched, completing the first Ethereum privacy stablecoin cUSDT transfer.
TL;DR
Zama Protocol launched on Ethereum mainnet, completing the first private cUSDT transfer using FHE. This enables confidential token transactions with low costs, marking a shift from theory to practical use.
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[Zama Mainnet Launches, Completes First Ethereum Privacy Stablecoin cUSDT Transfer] Mars Finance reports that on December 31st, the privacy computing project Zama Protocol officially launched on the Ethereum mainnet and completed its first privacy stablecoin transfer based on FHE (Fully Homomorphic Encryption), namely cUSDT. This is the first confidential ERC-20 transfer achieved on Ethereum L1, with a single transaction cost of approximately $0.13. This solution enables on-chain privacy transfers of any token through "asset encapsulation," keeping transaction amounts and wallet balances confidential on-chain, marking FHE's transition from theory to a real-world production environment. This milestone may lay the foundation for the privacy narrative in 2026.