FIRO, formerly known as Zcoin, is a privacy-focused cryptocurrency that utilizes zero-knowledge proofs to ensure the anonymity of transactions. It aims to provide financial privacy and fungibility on its blockchain. The FIRO token is used as a means of exchange within the FIRO network and plays a crucial role in maintaining the privacy of transactions. Token holders can utilize FIRO for private and untraceable transactions, enhancing the fungibility of the cryptocurrency. FIRO's focus on privacy has made it an appealing option for individuals who prioritize financial confidentiality and seek to protect their transactions from prying eyes.