Confidential transfers are now live in public beta on Sui Devnet, hiding transaction amounts and balances while keeping sender/receiver visible for compliance.
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Early partners Bridge, TRM Labs, and Merkle Science are testing stablecoin payments and risk monitoring under this selective privacy model. Co-founder Adeniyi Abiodun notes the network has already settled over $1T in stablecoin volume since August, as it pushes toward private, zero-fee payment flows. A testnet launch for the feature is targeted later this year.