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Morning Edition · Monday, October 26, 2026Published at 1:45 AM EDT · New York
Miden Launches a Private-Finance Stack Built on a Confidential Circle Dollar as Privacy Layer 2s Court Institutions
Miden's PriFi stack uses USDCx, a USDC-backed confidential stablecoin issued through Circle's xReserve, while rival Aztec is still shipping fixes from a critical proving-system flaw found by AI-assisted audit.
Miden, the zero-knowledge network that spun out of Polygon Labs, has announced its "PriFi" private-finance stack. The stack pairs stablecoins with privacy infrastructure so that financial applications can hide amounts and counterparties fro…
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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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