Soda Labs

Paxos

Stablecoin issuer

Token issuer or protocolPrivacy live

Paxos Labs issued USAD on Aleo in February 2026, a dollar stablecoin backed one to one by USDG that hides both participants and amounts, and put it into production payroll with Toku in the first half of the year. Paxos also initialized Solana's confidential transfer extension for USDP back in 2024, which remains unused.

Private by design.

See how confidential transactions work on the networks you already use.