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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].

May 5, 202611:53 AMNewsroom AI

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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    Polygon Wallet Introduces Private USDC & USDT
    Live Bitcoin NewsMay 5, 2026

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