Privacy on blockchain doesn't have to mirror the old playbook from traditional finance. That's the key insight from discussions within the Stellar ecosystem about reimagining how we handle sensitive data.

The real opportunity? Building privacy frameworks that are native to blockchain architecture itself, not just porting over legacy approaches. Stellar Development Foundation initiatives around this space highlight how XLM and stablecoins like PYUSD can operate with fresh privacy models that actually fit the decentralized environment.

It's about recognizing that crypto infrastructure gives us the chance to rethink privacy from the ground up—smarter, more efficient, and purpose-built for the blockchain era.