Morning Edition · Saturday, September 12, 2026Published at 1:48 AM EDT · New York
USDCx will be issued natively on Miden against USD Coin held in Circle's xReserve contracts, with private transfers and proofs users can show to auditors on demand.

Miden, the zero-knowledge network that spun out of Polygon in April 2025, has announced a stack it calls PriFi and confirmed that USDCx, a native stablecoin backed one-for-one by USD Coin, is coming to the network. The pitch is not anonymit…
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Part of a tracked trend
Privacy Chains Pivot From Niche to Institutional Pitch
Over 3-6 months, confidential execution reframes as a prerequisite for serious/institutional on-chain use, with privacy L2s shipping live networks and contesting who controls confidentiality.
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