Morning Edition · Saturday, October 17, 2026Published at 1:38 AM EDT · New York

Miden Unveils a Private Stablecoin Stack and Bread Wallet That Proves Every Transaction on the User's Device

The chain only sees a 32-byte commitment for each account, and the launch follows an AI-assisted audit at rival Aztec that found a flaw letting invalid proofs pass verification in its Alpha V5 network.

Miden, the zero-knowledge (ZK) network spun out of Polygon, has announced its "PriFi" stack. The stack is a financial system built around private stablecoins and privacy-preserving infrastructure. Its first consumer product is Bread, a self…