Business Wire
W3i Software, Inc., a blockchain infrastructure company focused on regulated stablecoin and financial applications, announced shieldUSD, a USD stablecoin designed for the Midnight Network. ShieldUSD will be co-issued by Moneta Digital LLC and Norwegian Block Exchange AS, pairing regulated issuance with Midnight’s rational privacy architecture.
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“As stablecoins mature, privacy is emerging as a core requirement rather than an afterthought. ShieldUSD is among the first stablecoins designed for real-world use cases, taking advantage of Midnight.” -Fahmi Syed
ShieldUSD is being developed to support real-world payments and financial workflows that require confidentiality, such as payroll, B2B settlement, and institutional DeFi, while enabling compliance, auditability, and selective disclosure. By combining regulated issuance with Midnight’s rational privacy architecture, ShieldUSD enables participants to cryptographically prove that transactions are valid and compliant without making sensitive commercial or personal data public by default.
“As stablecoins mature, privacy is emerging as a core requirement rather than an afterthought,” said Fahmi Syed, President of the Midnight Foundation. “ShieldUSD is among the first stablecoins designed for real-world use cases, taking advantage of Midnight’s privacy-enhancing infrastructure and selective disclosure capabilities.”
By embedding a privacy-preserving digital dollar into Midnight’s ecosystem, ShieldUSD will enable builders and institutions to conduct real-world payments and digital finance with confidentiality, while still supporting verifiable compliance when required.
“Privacy is not a luxury feature. It’s a prerequisite for mainstream finance,” said Jillian Plomin, CEO of W3i Software. “ShieldUSD is our answer to a clear market gap: institutions need confidentiality, users need dignity, and regulators need clarity. Midnight’s design makes it possible to deliver all three without compromising the utility of an open, programmable financial system.”
Building on their co-issuance USDM, a USD stablecoin on the Cardano blockchain, Moneta Digital and NBX will co-issue shieldUSD using a structure that supports cross-jurisdictional compliance, while W3i provides the technology stack, integrations, and implementation support.
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