Crypto
Polygon launches private stablecoin payment feature targeting institutions
Ethereum layer-2 network Polygon has launched a private stablecoin payment feature aimed at attracting corporate and institutional on-chain payments, Cointelegraph reported on Monday. The feature lets users process transactions through a shielded pool verified with zero-knowledge proofs, keeping transaction details hidden from outside view. Built on the Hinkal privacy protocol, it hides sender, recipient and amount while enabling regulatory compliance through KYT screening and audit files.
