Notes

• Private stablecoins will play a central role in global payments, offering configurable privacy.
• Privacy tech is moving to production, but wallet support and compliance remain challenges.
• Privacy involves tradeoffs; conditional privacy improves threat resistance.
• Threat-resistant privacy will become standard, with throttled and responsible options.
• Enterprises need confidentiality; retail users oppose fully transparent payments.
• Privacy systems will add policy controls for compliance while preserving core privacy.

• 2026年私有稳定币将成为全球支付基础设施核心层，支持可配置隐私如选择性披露和匿名性。
• 隐私技术将从测试网进入生产阶段，但钱包支持和合规性仍是挑战，规模化需解决这些问题。
• 隐私不是非黑即白，需在特定场景下做出权衡，提供条件隐私以增强协议威胁抵抗力。
• 威胁抵抗隐私将成为默认标准，包括限制性隐私和负责任隐私两类解决方案。
• 企业需要隐私保护敏感商业关系，而零售用户拒绝完全透明的支付轨道。
• 隐私系统将整合政策控制，在合规的同时不牺牲基础隐私，重新定义链上合规支付。