{"id":96821,"date":"2026-05-05T13:52:19","date_gmt":"2026-05-05T10:52:19","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=96821"},"modified":"2026-05-05T13:55:12","modified_gmt":"2026-05-05T10:55:12","slug":"polygon-wallet-introduces-private-payments-for-usdc-and-usdt","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/polygon-wallet-introduces-private-payments-for-usdc-and-usdt\/","title":{"rendered":"Polygon Wallet Introduces Private Payments for USDC and USDT"},"content":{"rendered":"<p>Developers at <a href=\"https:\/\/forklog.com\/en\/news\/what-is-polygon-matic\">Polygon<\/a> have launched the Private Payments feature, enabling the private transfer of <a href=\"https:\/\/forklog.com\/en\/news\/what-is-the-usdc-stablecoin\">USDC<\/a> and <a href=\"https:\/\/forklog.com\/en\/news\/what-is-tether-usdt\">USDT<\/a> through the Polygon Wallet.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Every stablecoin transfer on a public chain broadcasts who sent it, who received it, and how much moved.<\/p>\n<p>For a business moving money, privacy is paramount.<\/p>\n<p>We just launched private payments on Polygon. Here&#8217;s how it works. <a href=\"https:\/\/t.co\/8MQpEXHnwh\">pic.twitter.com\/8MQpEXHnwh<\/a><\/p>\n<p>\u2014 Polygon | POL (@0xPolygon) <a href=\"https:\/\/twitter.com\/0xPolygon\/status\/2051356952148738201?ref_src=twsrc%5Etfw\">May 4, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The solution is implemented in collaboration with the privacy protocol Hinkal. <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-zero-knowledge-proof\">ZK-proofs<\/a> are used to conceal the sender, recipient, and transaction amount. External observers can only see the fact of a valid operation on the network, not its financial details.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-578bc9f5f4f9e5db-3579569368664030.webp\" alt=\"image\" class=\"wp-image-279569\"\/><figcaption class=\"wp-element-caption\">Source: Polygon.\u00a0<\/figcaption><\/figure>\n<p>The feature is aimed at institutional scenarios:<\/p>\n<ul class=\"wp-block-list\">\n<li>corporate transfers;<\/li>\n<li>settlements between legal entities;<\/li>\n<li>payment for contractor and supplier services;<\/li>\n<li>internal transfers between divisions;<\/li>\n<li>B2B segment.<\/li>\n<\/ul>\n<p>Developers emphasized that the lack of privacy has hindered banks, treasuries, and payment teams from transferring significant volumes of <a href=\"https:\/\/forklog.com\/en\/news\/what-are-stablecoins\">stablecoins<\/a> on public networks.<\/p>\n<p>Privacy here is not equivalent to full anonymity. Each operation undergoes an integrated <span data-descr=\"Know Your Transaction\" class=\"old_tooltip\">KYT<\/span> check before execution\u2014data remains accessible for compliance monitoring but hidden from the market. Hinkal does not hold funds during the transfer: the model remains non-custodial.<\/p>\n<p>Back in January, Polygon Labs <a href=\"https:\/\/forklog.com\/en\/news\/polygon-labs-acquires-two-crypto-startups-for-250-million\">acquired<\/a> two crypto startups for $250 million. Following the deal, company representatives <a href=\"https:\/\/forklog.com\/en\/news\/polygon-reduces-workforce-following-250-million-acquisition-of-payment-firms\">announced<\/a> staff reductions and a strategic shift towards stablecoin payments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Developers at Polygon have launched the Private Payments feature, enabling the private transfer of USDC and USDT through the Polygon Wallet.<\/p>\n","protected":false},"author":1,"featured_media":96822,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Polygon introduces private USDC and USDT payments.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1264,807,1245,910],"class_list":["post-96821","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-polygon-matic","tag-stablecoins","tag-tether-usdt","tag-usdc"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"Polygon introduces private USDC and USDT payments.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/96821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=96821"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/96821\/revisions"}],"predecessor-version":[{"id":96823,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/96821\/revisions\/96823"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/96822"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=96821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=96821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=96821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}