# Miden announces a private-finance stack and a self-custodial wallet built on a confidential USDC-backed stablecoin

The PriFi stack pairs partners in identity, custody, neobanking and real-world assets with settlement on Miden, where amounts and counterparties stay off the public ledger.

- Published: 2026-10-07T05:31:53.993Z
- Canonical: https://polylog.news/crypto/2026-10-07/miden-announces-a-private-finance-stack-and-a-self-custodial
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [Miden](https://miden.xyz/prifi-stack), [Miden](https://miden.xyz/blog/bread-is-privacy-baked-in), [Privacy Dispatch](https://privacydispatch.beehiiv.com/p/privacy-dispatch-introducing-prifi), [Edgen](https://www.edgen.tech/news/post/miden-to-launch-privacy-stablecoin-usdcx-backed-11-by-usdc)

Miden, the zero-knowledge (ZK) network that spun out of Polygon Labs, has announced its PriFi stack. PriFi, short for private finance, combines stablecoins with privacy infrastructure so that financial applications can hide sensitive activi…

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