eUSD by Softseco is built for the practical demands of European finance — peer-to-peer settlement, business-to-business operations, and exchange listings. Here's what changes in each.
A USDC transfer is a public record, a wire is slow, and a SEPA payment is daytime-only — and on a transparent chain every payment is permanently legible to anyone with a block explorer: who you paid, how much, and when. eUSD by Softseco will encrypt the amount directly inside the token account using Solana's Token-2022 Confidential Transfer extension, so the transaction still settles on a public ledger, but the value attached to it is visible only to the sender and the receiver.
Settlement is final in roughly 400 milliseconds, costs a fraction of a cent with no protocol fee on the transfer itself, and never closes — no banking hours, no weekend holds, no cut-off times. Once live, send from Phantom, Backpack, Solflare, or a Ledger to any address at any hour, and the recipient holds spendable dollars almost instantly: a salary, a tip, a gift, or a reimbursement, with the amount kept between the people involved.
Every B2B payment settled in USDC, USDT, or PYUSD publishes your entire operational graph in real time. A competitor can reconstruct your supplier list from outgoing transfers, an analytics firm can infer your invoice schedule and margins, and anyone can read your payroll line by line. Confidentiality here is not a luxury — it is basic commercial hygiene that transparent stablecoins structurally cannot provide.
eUSD by Softseco will keep the amounts on payroll, supplier invoices, recurring SaaS bills, and treasury balances encrypted on-chain while staying defensible to a CFO and an auditor. It is engineered against MiCA's e-money requirements, visibility of those figures stays entirely with you, and disclosure to a regulator with lawful standing runs through a defined process — rather than publishing your invoice and payroll amounts to the public by default. Wallet addresses remain visible on-chain; it is the values that stay confidential.
MiCA narrowed the EU's stablecoin shelf to a short list of authorized e-money tokens, and the Solana-native, privacy-preserving slot on that shelf is still empty. eUSD is built to fill it: a Polish-issued, KNF-authorized EMT (planned) that lists under a venue's existing CASP framework, with no bespoke cryptography for the exchange to build, audit, or maintain.
Integration is designed to be a drop-in — a reference SDK plugs eUSD into an existing custody stack, Jupiter handles swap routing from day one, and mint and redeem run 1:1 against USDC with zero protocol fee, so your spread stays your spread. KYC remains at the venue's rail where it belongs; confidential circulation is handled entirely by the protocol — a confidential dollar on the regulated shelf, for spot trading, OTC desks, and B2B settlement.
| Property | USDC / USDT | PYUSD | Circle Arc | eUSD by Softseco |
|---|---|---|---|---|
| Privacy default | None | Capability | Opt-in (TEE) | Default (ZK) |
| Sender/receiver hidden | No | No | No | No — addresses visible (identity decoupled) |
| Amount hidden | No | Capability | Opt-in | Yes |
| Trust model | Issuer | Issuer | TEE + permissioned chain | ZK cryptography |
| MiCA EMT | USDC: Yes | No (US) | No | Yes (planned) |
| Protocol fees | Free | Free | Native gas in USDC | 0% on mint/redeem |