Ethereum pERC-20 Draft Makes Token Transfers Private by Default

The latest development on June 11 details Ethereum's draft pERC-20 standard (ERC-7605), which uses zero-knowledge proofs to hide token balances, transfer amounts, and counterparties while remaining EVM-compatible. This follows the June 10 focus on privacy re-emerging in Ethereum development, where pERC-20 was first highlighted alongside Starknet's STRK20 framework for private DeFi activities. The proposal keeps total supply visible, includes compliance blacklists, and removes public ERC-20 functions like balanceOf, though it remains a draft requiring further review with no immediate price impact on ETH.