Polygon launches Hinkal-powered private USDC/USDT wallet transfers with ZK privacy and on-chain KYT for firms
Polygon has added private USDC and USDT transfers to its wallet using Hinkal, combining zero-knowledge privacy with on-chain KYT screening [1][2].
Polygon launched private stablecoin payments in its official wallet, enabling confidential transfers of USDC and USDT via Hinkal privacy technology [1] [2] [3].
The feature uses zero-knowledge proofs to conceal sender, recipient and amount on private transfers, and each private transfer includes on-chain KYT (Know Your Transaction) compliance screening [1] [3].
Polygon positions the rollout as a solution for institutional and corporate users seeking greater on-chain privacy and control; the release represents the network's first private payment system accessible through its wallet interface [2] [4] [1].
The update delivers confidential USDC and USDT payments inside Polygon’s wallet while embedding compliance checks, pairing privacy-preserving ZK technology with on-chain KYT screening [1] [2].
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Citations
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- 1Polygon Wallet Introduces Private USDC & USDTLive Bitcoin News• May 5, 2026
- 2Polygon Makes a Sharp Move Into Private Stablecoin PaymentsCoinpaper• May 5, 2026
- 3Polygon Introduces Confidential Stablecoin Transfers for USDC and USDTMoneyCheck• May 5, 2026
- 4Blockchain Infrastructure Project Polygon Makes a Stablecoin Move!Bitcoin Sistemi• May 5, 2026
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