Softseco is the issuer (planned) of eUSD by Softseco, a confidential stablecoin engineered for the European market under MiCA. Built from Poland with a conservative roadmap and a published whitepaper.
Every balance and transfer amount will be encrypted on-chain, so the amounts an ordinary holder sends and receives are not public — though the transactions themselves remain visible on-chain. Yet a regulator with lawful standing keeps a clear, auditable view when it is genuinely needed. That is the difference between the first generation of stablecoins and the second: the first reproduced the par-transfer property of physical cash admirably, but not the confidentiality of its amounts.
The result behaves like cash in its amount privacy for the people using it, and like a fully regulated electronic instrument for the people supervising it. Privacy and oversight stop being a trade-off — each is engineered in from the start, so confidentiality never comes at the cost of compliance, and compliance never forces holders to broadcast their payment amounts to the public ledger.
PAPER Protocol is the work of a single founder, Joachim Szamborski, building during studies and athletics — stated plainly because it is material to the operational risk assessment. Technical development uses substantial AI assistance, consistent with prevailing practice for solo founders in 2026, with all AI-assisted output held to the same review, testing, and audit standards applied to everything else in the protocol stack.
What the founder brings is the architectural design captured in the whitepaper, the strategic and regulatory positioning, and a commitment to a conservative execution path. The hiring roadmap — a compliance officer and a senior Rust engineer as the first two hires — directly addresses single-founder dependency and is sequenced to execute concurrent with the first grant milestones.