Cardano’s privacy sidechain, Midnight, is preparing to welcome a new privacy-focused stablecoin partner into the ecosystem.
This initially began as speculation within the Cardano community, as users d...

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<p><strong>Cardano’s privacy sidechain, Midnight, is preparing to welcome a new privacy-focused stablecoin partner into the ecosystem.  </strong></p>
<adv/><p>This initially began as speculation within the Cardano community, as users deliberated the possibility of a privacy-focused stablecoin launch on Midnight. The discussion follows a series of social media interactions involving prominent community members and project leaders.</p>
<adv/><h2>Cardano DRep Hints at Potential Stablecoin Launch on Midnight</h2>
<p>In a tweet, Stake With Pride, a Cardano DRep and stake pool operator, shared a screenshot of a Reddit post highlighting a common privacy concern among crypto users. In the post, a user complained that someone they had paid questioned why they were holding a large amount of USDC, as the individual could view their USDC balance online. This example underscores how non-privacy stablecoins can inadvertently expose sensitive financial information.</p>
<p>Sharing the screenshot on X, Stake With Pride stated that Midnight is designed to solve issues like this. In his view, privacy stablecoins would allow users to transact without revealing balances or transaction details.</p>
<blockquote>
<p>Midnight ZK stablecoins fix this. #Cardano pic.twitter.com/7kQi0VQaT7</p>
<p>— St₳ke with Pride 🌈 SPO &amp; DRep (@StakeWithPride) December 17, 2025</p>
</blockquote>
<p>The post quickly drew the attention of key figures within the Cardano and Midnight communities. Jillian Plomin, CEO of W3i Software and the team behind Cardano’s USDM stablecoin, also joined the conversation. She noted that she already has a solution to address the privacy challenge.</p>
<p>Interestingly, Jason Schober, Head of Marketing at the Midnight Foundation, encouraged users to listen to the latest episode of the Unshielded Podcast featuring Plomin, which aired on December 18.</p>
<p>Sharing these conversations on X, Stake With Pride suggested that a privacy stablecoin may be on its way to Midnight.</p>
<blockquote>
<p>A new privacy stablecoin on Midnight? 👀</p>
<p>Tune in to the Unshielded Podcast tomorrow. #Cardano https://t.co/u5L8qXByB2 pic.twitter.com/DvLS9h43Pi</p>
<p>— St₳ke with Pride 🌈 SPO &amp; DRep (@StakeWithPride) December 18, 2025</p>
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<h2>Midnight Foundation President Confirms Ongoing Stablecoin Deal</h2>
<p>The speculation gained further credibility during the podcast itself. Midnight Foundation President Fahmi Syed revealed during the podcast that the project has already received a legal contract from a potential stablecoin partner.</p>
<p>He added that if the agreement is successfully signed, reviewed, and finalized, an official announcement could follow “in the coming days and weeks”. However, he did not disclose the identity of the stablecoin partner.</p>
<h2>Midnight Launch and Growing Optimism</h2>
<p>The development follows just over a week after the Midnight Foundation listed its NIGHT token for trading across several major crypto exchanges. These include Binance Alpha, OKX, Bybit, Gate.io, KuCoin, MEXC, and Kraken.</p>
<p>Shortly after launch, NIGHT surged past a $1 billion valuation and later peaked at $1.4 billion. At the time of writing, the token is trading at $0.06402, giving it a market capitalization of approximately $1.06 billion.</p>
<p>Notably, while the Midnight native token is already live, the development team is still working through the remaining phases of the project’s rollout, which it expects to complete next year.</p>
<p>As Cardano founder Charles Hoskinson has noted, users should anticipate new Midnight-related goodies every three months. These regular milestones could help the Foundation attract new partners, including one that could deploy a privacy stablecoin on the network.</p>
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Cardano: Midnight Set to Welcome Privacy Stablecoin as Partnership Nears Completion

Cardano 的隐私侧链 Midnight 正准备迎接一位新的、专注于隐私的稳定币合作伙伴加入其生态系统。
最初这只是Cardano社群内部的一些猜测，因为使用者…

<div><div><div><p><strong>Cardano 的隐私侧链 Midnight 正准备迎接一位新的、专注于隐私的稳定币合作伙伴加入其生态系统。</strong></p><adv/><p>最初，这只是Cardano社区内部的猜测，用户们正在讨论午夜时分推出一款注重隐私的稳定币的可能性。此前，一些知名的社区成员和项目负责人曾在社交媒体上进行过互动。</p><adv/><h2> Cardano DRep 暗示可能在午夜推出稳定币</h2><p>Cardano DRep 和权益池运营商 Stake With Pride 在推特上分享了一张 Reddit 帖子截图，该帖子凸显了加密货币用户普遍存在的隐私担忧。帖子中，一位用户抱怨说，他支付过款项的人质疑他为何持有大量USDC，因为对方可以在网上查看他的USDC余额。这个例子强调了非隐私稳定币如何在无意中泄露敏感的财务信息。</p><p> Stake With Pride 在 X 上分享了截图，并表示 Midnight 的设计初衷就是为了解决此类问题。他认为，隐私稳定币可以让用户在不透露余额或交易详情的情况下进行交易。</p><blockquote><p>午夜 ZK 稳定币解决了这个问题。# Cardano pic.twitter.com/7kQi0VQaT7</p><p> — St₳ke with Pride 🌈 SPO &amp; DRep (@StakeWithPride) 2025年12月17日</p></blockquote><p>这篇帖子迅速引起了Cardano和Midnight社区关键人物的关注。W3i Software首席执行官兼Cardano稳定币USDM团队负责人Jillian Plomin也加入了讨论。她表示，她已经有了解决隐私问题的方案。</p><p>有趣的是，午夜基金会的营销主管杰森·肖伯鼓励用户收听 12 月 18 日播出的最新一期 Unshielded Podcast，该期节目邀请了普洛明。</p><p> Stake With Pride 在 X 上分享了这些对话，并暗示隐私稳定币可能即将登陆 Midnight。</p><blockquote><p>午夜将推出一款新的隐私稳定币？👀</p><p>明天记得收听 Unshielded Podcast。# Cardano https://t.co/u5L8qXByB2 pic.twitter.com/DvLS9h43Pi</p><p> — St₳ke with Pride 🌈 SPO &amp; DRep (@StakeWithPride) 2025年12月18日</p></blockquote><h2>午夜基金会总裁确认正在进行稳定币交易</h2><p>播客节目播出后，这一猜测得到了进一步证实。午夜基金会主席法赫米·赛义德在节目中透露，该项目已经与一家潜在的稳定币合作伙伴签订了法律合同。</p><p>他补充说，如果协议顺利签署、审核并最终敲定，可能会在“未来几天或几周内”发布正式公告。但他并未透露稳定币合作伙伴的身份。</p><h2>午夜发布和日益增长的Optimism</h2><p>就在一周多前，Midnight Foundation 将其 NIGHT 代币上线了多家主流加密货币交易所进行交易。这些交易所包括 Binance Alpha、 OKX、 Bybit、 Gate.io、 Kucoin、 MEXC和Kraken。</p><p> NIGHT代币发行后不久，估值便突破10亿美元，之后更是达到14亿美元的峰值。截至发稿时，该代币的交易价格为0.06402美元，市值约为10.6亿美元。</p><p>值得注意的是，虽然 Midnight 原生代币已经上线，但开发团队仍在努力完成该项目推广的剩余阶段，预计将于明年完成。</p><p>正如Cardano创始人 Charles Hoskinson 所指出的，用户应该期待每三个月就能获得与 Midnight 相关的新福利。这些定期推出的里程碑事件有助于基金会吸引新的合作伙伴，包括可能在网络上部署隐私稳定币的合作伙伴。</p></div></div></div>

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