Confidential
USDT (cUSDT)

The same USDT you already use, with amounts and balances encrypted by default.

Every USDT transaction is public. Your balance and every amount you send are visible to anyone with a block explorer. cUSDT is the same USDT, but with amounts and balances encrypted by default.

USDT
Confidential USDT
BALANCES
Visible to anyone onchain
Encrypted onchain, only you can decrypt yours
TRANSFER AMOUNTS
Exposed in every transaction
Encrypted in every transaction
POSITIONS & STRATEGY
Exposed and trackable over time
Encrypted, nothing to track over time
COMPLIANCE
Public by default
Selective disclosure via Access Control List
BALANCES
Standard tokens
Visible to anyone onchain
Confidential
tokens
Encrypted, visible only with your authorization
TRANSFER AMOUNTS
Standard
tokens
Exposed in every transaction
Confidential
tokens
Encrypted end to end
TRADING STRATEGY
Standard
tokens
Public by default
Confidential
tokens
Selective disclosure for auditors and regulators
COMPLIANCE
Standard
tokens
Compatible with public blockhain.
Confidential
tokens
Build-in Access Control List (ACL) module

How cUSDT works?

Shield, transact, and unshield at any time

Shield

Deposit USDT into the official cUSDT contract and receive cUSDT 1:1. Your balance is encrypted from that point on.

Transact

Send, receive, hold, and earn with cUSDT like standard USDT, with amounts encrypted.

Unshield

Redeem cUSDT for USDT 1:1 at any time.

Use cases

Built for how money actually moves.

Confidential Treasury

Hold and pay in cUSDT without publishing your balances, payroll, or runway.

Confidential Payroll

Salaries and compensation stay between you and the recipient, not the entire chain.

Confidential Trading

Trade and settle size in cUSDT without exposing your strategy, positions, or terms. No MEV, no front-running.

Confidential Yield

Earn from audited DeFi strategies without exposing your deposits, balances, or allocation.

Compliance by design

Confidential Tokens are built on ERC-7984, with programmable compliance through the Zama Protocol's Access Control List (ACL).

Encrypted by default.
Balances and amounts are confidential from the first transaction.

Disclosed on your terms.
Grant visibility to auditors or regulators when required.

Auditable by design.
Addresses and transaction history stay verifiable onchain.

Teams already building on Confidential Tokens

Real deployments, on Ethereum mainnet, today.

Morpho - Confidentiality Meets DeFi Yield

Confidential USDC now earns yield through Steakhouse USDC Prime on Morpho, the same vault strategy and risk profile, with deposit size, direction, and timing encrypted onchain.

T-REX - Institutional-Grade Confidentiality Infrastructure for RWA

Zama became the default confidentiality layer for T-REX Ledger, bringing FHE-powered privacy, compliance and interoperability together in one public blockchain infrastructure built for institutional scale.

Bron - Confidential payroll on Ethereum mainnet.

Bron's CFO paid team salaries on Ethereum mainnet using confidential USDT, amounts encrypted end-to-end with FHE, visible only to sender and recipient.

Raycash - Private, compliant banking rebuilt onchain.

Raycash delivers a Revolut-style banking experience — IBANs, cards, yield — fully self-custodial and powered by Zama's FHE encryption, keeping balances and transactions private while remaining compliant with regulators.

Blockscout - The first explorer to support confidential tokens natively.

Blockscout now indexes and displays ERC-7984 confidential token activity, showing transfers, senders, and recipients onchain while keeping encrypted amounts fully private, powered by the Zama Protocol.

GSR - The first confidential OTC trade on Ethereum mainnet.

GSR executed the first confidential over-the-counter trade using the Zama Protocol, with transaction amounts encrypted onchain between two KYC'd counterparties, eliminating information leakage and front-running risks.

Common questions

What's the difference between USDT and cUSDT?
Is my USDT still my USDT?
Who can see my cUSDT balance?
Is cUSDT safe?
How do I get cUSDT?
Can I earn yield on cUSDT?

GET STARTED

Shield Your Tokens
in One Transaction

Try it with any amount. Shield, send, and unshield to see exactly how it works.