The native privacy payment feature of the BenFen public chain is officially launched.

According to official news from CoinWorld, the stablecoin payment public chain BenFen has completed the Mainnet upgrade to v1.24.2, and the native “Privacy Payment Function” is officially online, which is verifiable, non-disclosing, and ready to use. This function will implement end-to-end encryption on accounts, balances, and transaction paths at the protocol layer, ensuring that data is not leaked while maintaining on-chain verifiability, focusing on enhancing privacy and security in stablecoin payment scenarios. This capability is led by the BenFen team and implemented in collaboration with State Labs, using a combination solution of Move VM reinforcement + MPC + TSS (Threshold Signature Sharding), with the entire signing and authorization process completed in a distributed manner, ensuring that the Private Key is not exposed in plaintext, while maintaining a second-level experience under high-performance Consensus. BenFen’s native ecosystem application BenPay has deeply integrated the underlying privacy payment capabilities of the public chain. Currently, this function is fully open, focusing on meeting users’ privacy needs in large transfers, bulk payments, and salary distributions, allowing users to create privacy wallets with one click, converting stablecoins into Privacy Coins that can be used for payments and receipts; in consumption and transfer scenarios, the transaction amounts and identification information are hidden throughout the process.