# Miden launches a private finance stack and puts its Bread wallet on testnet, with proofs generated on users' devices

The network says the chain sees only a 32-byte commitment for each account, and it plans to anchor the system with USDCx, a private token pegged one-to-one to USDC.

- Published: 2026-10-05T05:31:33.542Z
- Canonical: https://polylog.news/crypto/2026-10-05/miden-launches-a-private-finance-stack-and-puts-its-bread-wa
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [Miden](https://miden.xyz/prifi-stack), [Miden](https://miden.xyz/blog/bread-is-privacy-baked-in), [Miden (USDCx)](https://www.miden.xyz/blog/usdcx-on-miden-stablecoins-with-privacy)

Miden, the zero-knowledge network that grew out of Polygon, has announced what it calls the PriFi stack, short for private finance. The stack covers identity, custody, banking, compliance, real-world assets and settlement. Miden says it set…

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