Key Insights:
- Polygon wallet adds Privately Send with KYT screening.
- ZK proofs hide sender, receiver, and transfer size on-chain.
- Feature targets treasury and payroll flows on public rails.
Polygon Labs has rolled out a privacy rail inside the Polygon wallet. Users can now send USDC and USDT without exposing the sender, receiver, or amount on-chain. The feature routes payments through Hinkal’s shielded pool. Zero-knowledge proofs confirm each transfer.
Polygon framed the launch as a fix for businesses that want on-chain settlement. Many firms cannot publish cash flow data to competitors.
The Polygon price for POL stayed steady, near $0.098. For Polygon crypto users, the wallet adds confidentiality and keeps compliance checks.
How the Polygon Wallet Privately Send Flow Hides Payment Details?
The Polygon wallet now shows a “Privately Send” option next to the standard send screen. When a user selects it, the transfer moves through Hinkal instead of a public transaction.
Observers can still verify that a valid transfer occurred. They cannot see the participants or the payment size. Polygon said the design also breaks linkability between sender and receiver on-chain.
