Raycash launches private beta for confidential USDC payments

Zama spin-off Raycash has launched a private beta for its stablecoin app on Ethereum, offering confidential stablecoin payments and private yield through Morpho. The app uses Fully Homomorphic Encryption via the Zama Protocol to keep account balances and transaction amounts encrypted while supporting USDC deposits and withdrawals. According to the project, the platform handles Ethereum gas fees in the background so users do not need to hold ETH. Open article →