Cointelegraph reported that Polygon has launched a 'private stablecoin payment' feature that uses zero-knowledge proof technology to hide the sender, recipient, and transaction amount from external viewers. Previously, companies have hesitated to enter on-chain due to the transparency of blockchain, which relays their fund flows in real-time to competitors or the market. The core of Polygon's new solution is to provide selective transparency, allowing transaction details to be hidden from the market while still enabling audit files to be submitted to regulatory authorities.
