cryptovka-news on Nostr: ‍Payy Launches Privacy-Focused Ethereum L2 for ERC-20 Transfers Cryptocurrency ...

‍Payy Launches Privacy-Focused Ethereum L2 for ERC-20 Transfers

Cryptocurrency project Payy has deployed a new Ethereum Layer 2 network designed to provide automatic privacy for ERC-20 token transfers without altering existing smart contracts.

The Payy Network aims to facilitate on-chain capital movement for traditional financial institutions and fintech companies requiring confidentiality. It utilizes private ERC-20 pools to obscure transactions from public ledger analysis, with infrastructure optimized for stablecoins. This launch places Payy alongside other privacy-focused protocols like Aztec Network and Railgun.

https://cryptovka.ru/en/news/8839/payy-launches-privacy-focused-ethereum-layer-2-for-private-erc-20-transfers