Morning Edition · Wednesday, November 11, 2026Published at 12:35 AM EST · New York
Miden's Bread wallet and its USDC-backed private stablecoin bring confidential payments to consumers, but the backing asset still sits under its issuer's control.
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Miden, the zero-knowledge network that spun out of Polygon in 2025, has released Bread, a self-custodial wallet that keeps balances and transfers private by default. Miden says the wallet draws on seven years of privacy engineering and offe…
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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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