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>
</blockquote>
<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 的隱私側鏈 Midnight 正準備迎接一位新的、專注於隱私的穩定幣合作夥伴加入其生態系統。
最初這只是Cardano社群內部的一些猜測，因為使用者…

<div><div><div><p><strong>Cardano 的隱私側鏈 Midnight 正準備迎接一位新的、專注於隱私的穩定幣合作伙伴加入其生態系統。</strong></p><adv/><p>最初，這只是Cardano社區內部的猜測，用戶們正在討論午夜時分推出一款注重隱私的穩定幣的可能性。此前，一些知名的社區成員和項目負責人曾在社交媒體上進行過互動。</p><adv/><h2> Cardano DRep 暗示可能在午夜推出穩定幣</h2><p>Cardano DRep 和權益池運營商 Stake With Pride 在推特上分享了一張 Reddit 帖子截圖，該帖子凸顯了加密貨幣用戶普遍存在的隱私擔憂。帖子中，一位用戶抱怨說，他支付過款項的人質疑他為何持有大量USDC，因為對方可以在網上查看他的USDC餘額。這個例子強調了非隱私穩定幣如何在無意中洩露敏感的財務信息。</p><p> Stake With Pride 在 X 上分享了截圖，並表示 Midnight 的設計初衷就是為了解決此類問題。他認為，隱私穩定幣可以讓用戶在不透露餘額或交易詳情的情況下進行交易。</p><blockquote><p>午夜 ZK 穩定幣解決了這個問題。# Cardano pic.twitter.com/7kQi0VQaT7</p><p> — St₳ke with Pride 🌈 SPO &amp; DRep (@StakeWithPride) 2025年12月17日</p></blockquote><p>這篇帖子迅速引起了Cardano和Midnight社區關鍵人物的關注。W3i Software首席執行官兼Cardano穩定幣USDM團隊負責人Jillian Plomin也加入了討論。她表示，她已經有了解決隱私問題的方案。</p><p>有趣的是，午夜基金會的營銷主管傑森·肖伯鼓勵用戶收聽 12 月 18 日播出的最新一期 Unshielded Podcast，該期節目邀請了普洛明。</p><p> Stake With Pride 在 X 上分享了這些對話，並暗示隱私穩定幣可能即將登陸 Midnight。</p><blockquote><p>午夜將推出一款新的隱私穩定幣？👀</p><p>明天記得收聽 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>午夜基金會總裁確認正在進行穩定幣交易</h2><p>播客節目播出後，這一猜測得到了進一步證實。午夜基金會主席法赫米·賽義德在節目中透露，該項目已經與一家潛在的穩定幣合作伙伴簽訂了法律合同。</p><p>他補充說，如果協議順利簽署、審核並最終敲定，可能會在“未來幾天或幾周內”發佈正式公告。但他並未透露穩定幣合作伙伴的身份。</p><h2>午夜發佈和日益增長的Optimism</h2><p>就在一週多前，Midnight Foundation 將其 NIGHT 代幣上線了多家主流加密貨幣交易所進行交易。這些交易所包括 Binance Alpha、 OKX、 Bybit、 Gate.io、 Kucoin、 MEXC和Kraken。</p><p> NIGHT代幣發行後不久，估值便突破10億美元，之後更是達到14億美元的峰值。截至發稿時，該代幣的交易價格為0.06402美元，市值約為10.6億美元。</p><p>值得注意的是，雖然 Midnight 原生代幣已經上線，但開發團隊仍在努力完成該項目推廣的剩餘階段，預計將於明年完成。</p><p>正如Cardano創始人 Charles Hoskinson 所指出的，用戶應該期待每三個月就能獲得與 Midnight 相關的新福利。這些定期推出的里程碑事件有助於基金會吸引新的合作伙伴，包括可能在網絡上部署隱私穩定幣的合作伙伴。</p></div></div></div>

Cardano：午夜將迎來隱私穩定幣，合作接近尾聲

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