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Morning Edition · Thursday, October 22, 2026Published at 1:48 AM EDT · New York
Miden Unveils a "PriFi" Stack Built on Client-Side Proving and a Private Token Backed by USDC
The stack centers on USDCx, which is backed one-to-one by USDC through Circle's xReserve, and on Bread, a self-custodial wallet that keeps balances and counterparties private by default.
Miden, a zero-knowledge blockchain based in California, announced its "PriFi" stack, a set of tools for private finance. The design relies on client-side proving. Users' own devices execute and prove transactions, so the network verifies a…
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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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