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BULLISH 📈 : Payy Launches Privacy-Focused Ethereum Layer-2 for ERC-20 Transfers
Payy Launches Ethereum Layer-2 Network
- Payy, a crypto wallet provider, has launched an Ethereum Layer-2 network supporting private ERC-20 transfers.
- The startup is engaging with launch partners, including stablecoin issuers, but their names are yet to be disclosed.
- Users can add the new network as a custom chain in MetaMask, with all ERC-20 transfers going through privacy pools by default.
- Payy targets institutions and fintech firms looking for onchain financial flows with limited public traceability, along with crypto natives seeking integrated privacy tools.
- CEO Sid Gandhi emphasizes the importance of privacy for large Traditional Finance (TradFi) institutions moving capital onchain.
zKSynC 2026 Roadmap
- Payy's Ethereum L2 supports all ERC-20 tokens, with a focus on private stablecoin transfers.
- zkSync's 2026 roadmap highlights a shift towards real-world infrastructure, targeting banks, asset managers, and regulated firms.
- The aim is to address privacy, control, and compliance issues impacting institutional cryptocurrency investors.