Stellar Introduces Protocol X-Ray to Enhance Privacy for the Network

The Stellar network, known for its efficient cross-border payments and asset tokenization, is set to introduce a major privacy upgrade with Protocol X-Ray as part of Protocol 25. This advancement comes in response to growing demand for privacy solutions within the blockchain space, particularly among institutions handling sensitive financial data. Announced by the Stellar Development Foundation (SDF), this update will allow developers to build applications that balance confidentiality and transparency.