December 16, 2025
4 mins
zkStable($PRIVACY) is launching its governance and utility token through a fully refundable, open-access IDO on CoinTerminal, the world’s first launchpad with no token staking, lockups, or pre-sale KYC requirements.
The sale is first-come, first-served (FCFS). Simply connect your wallet and contribute when the sale opens.
Contributions of $250 or more also earn automatic entry into CoinTerminal’s $5,000 monthly lottery; eligibility remains even if you later request a refund.
In the world of Web3, stablecoins are essential. They help users store value, hedge volatility, and transact without touching fiat. But the problem is that no stablecoin has ever achieved all three fundamentals at once: stability, decentralization, and privacy.
Centralized stablecoins like USDT or USDC maintain price stability but sacrifice privacy and decentralization, as they rely on traditional banking reserves and custodians. On the other hand, algorithmic or decentralized models such as DAI and UST tried to remove that dependency but failed to maintain long-term stability.
zkStable introduces a new model that solves this stablecoin trilemma once and for all, using three interconnected tokens that keep the system balanced:
Every $PUSD is over-collateralized with real ZEC, not wrapped assets. The reserves are verified using zero-knowledge proof-of-reserve (ZK-PoR), a cryptographic method that proves collateral exists and is sufficient without revealing sensitive wallet data. This means the system is fully auditable, transparent, and privacy-preserving at the same time
When ZEC’s price fluctuates, users can adjust their positions, either adding more collateral or repaying $PUSD to maintain stability. The protocol can also apply dynamic stability fees, payable in $PUSD or $PRIVACY, to influence supply and demand.
This design makes $PUSD self-regulating; its supply expands or contracts based on user behavior and market conditions, just like DAI, but with the added layer of zero-knowledge verification and privacy.
Meanwhile, $PRIVACY holders play an active role in system health:
In the rare event of under-collateralization, the system can mint new $PRIVACY to cover deficits, creating a direct incentive for good governance.
By bridging Zcash’s shielded privacy and Ethereum’s DeFi liquidity, zkStable enables users to transact, save, and build confidently in a provably collateralized, compliance-ready ecosystem, one where privacy and transparency finally coexist.
zkStable earns from minting fees, swap fees, and institutional compliance services. A portion of protocol fees is used to buy & burn $PRIVACY, creating long-term token scarcity. Future modules will include private RWA vaults and AI compliance oracles, monetizing enterprise-grade privacy infrastructure.
The Privacy ($PRIVACY) Public Sale will take place exclusively on CoinTerminal as a fully refundable, first-come, first-served (FCFS) IDO.
Joining is now simpler than ever, with no pre-sale KYC, no staking, and no lockups.
Just connect your wallet and participate directly when the sale opens.
A total of 6.7% of the total token supply (equivalent to 66,666,666.67 $PRIVACY tokens) will be available for purchase at a launch price of $0.003 USDT, raising a total of $200,000 USDT through CoinTerminal.
The vesting schedule is designed to balance early access with long-term stability:
The sale is uncapped per user, allowing contributors to participate freely without limits.
All participation data (total raised and number of participants) updates dynamically on CoinTerminal’s interface in real time.
zkStable provides a much-needed solution for users who depend on stablecoins but refuse to sacrifice decentralization, stability, or privacy. With zkStable, users can transact securely and confidentially, backed by verifiable on-chain reserves.
Join the Privacy ($PRIVACY) token sale on CoinTerminal today: no KYC required before or during contributions. Simply connect your wallet and participate. KYC will only be required at the token claim stage.
The zkStable ecosystem is redefining what a stablecoin can be.
Join the $PRIVACY public sale and be part of the first privacy-compliant stablecoin revolution.
This article is for educational purposes only. It is a general guide for founders and users navigating the Web3 space. It does not constitute financial advice. Always do your own research before making any investment decisions.If you want to learn more about raising funds or which IDOs to look into, our team is here to help. Feel free to reach out to us on Telegram at any time.