Starknet is developing a new privacy framework called STRK20, designed to provide token-level confidentiality for assets such as stablecoins on its Ethereum Layer 2 network. The system is expected to be launched later this year, with transaction details hidden by default while maintaining DeFi composability, and it includes viewing keys for regulatory compliance. StarkWare CEO Eli Ben-Sasson stated that this feature can significantly accelerate institutional adoption of stablecoins, with transaction settlement times under 5 seconds and costs below $0.20.

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