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Wu says that Starknet has announced the launch of the STRK20 privacy token standard, aimed at providing default privacy features for ERC-20 tokens. The scheme is based on Starknet Privacy Pool and zero-knowledge proof technology, making the sender and receiver addresses and transaction amounts invisible on-chain, while supporting DEX trading and staking as well as other DeFi operations. Developers state that this architecture offers privacy while allowing encrypted viewing keys to meet compliance audit requirements.