PayPal’s PYUSD stablecoin, recently launched on Solana, will offer “confidential transfers” as an added feature. On May 29, PayPal announced the deployment of its dollar-pegged stablecoin on the Solana blockchain, previously available only on Ethereum. A significant new feature for PYUSD is “confidential transfers.” According to a May 29 Solana blog post, this feature will enable merchants to maintain transaction amount confidentiality for their consumers while ensuring regulatory visibility. Bitcoiner Udi Wertheimer commented, “This sounds a lot like ‘confidential transactions,’ a feature Bitcoin devs have been larping about for almost a decade but never built, and you’re telling me PayPal
