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

Odaily News According to official news, the stablecoin payment public chain BenFen has completed the Mainnet v1.24.2 upgrade, and the native “Privacy Payment Function” is officially online, which can be verified, does not leak, and is ready to use immediately. This function will implement full on-chain encryption for accounts, balances, and transaction paths at the protocol layer, achieving data non-leakage 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 enhancement + MPC + TSS (Threshold Signature Sharding), where the entire signing and authorization process is completed in a distributed manner, with private keys not exposed in plaintext, and maintaining a second-level experience under high-performance consensus. BenFen's native ecological application BenPay has deeply integrated the underlying privacy payment capabilities of the public chain. Currently, this function has been fully opened, focusing on meeting user privacy needs in large transfers, batch payments, and salary distribution, supporting users to create privacy wallets with one click, converting stablecoins into Privacy Coins that can be used for payments and receipts; in consumption, transfer, and other scenarios, transaction amounts and identity information are fully hidden.