Confidential USDT Goes Live on Ethereum with Encrypted Balances

A new confidential version of Tether's USDT, called Confidential USDT (cUSDT), has gone live on the Ethereum network. This encrypted token is designed for payments and yield earning on Morpho.

cUSDT was built using Zama's technology and is a direct application of their flagship product, providing a proof point for their core adoption thesis.

The deployment pairs Zama's encryption tech with Tether's USDT, allowing users to keep onchain balances encrypted and transfer amounts confidential without any bridging.