Payy don launch privacy-focused Ethereum L2 for private ERC-20 and stablecoin transfers

Payy, one privacy‑first wallet and crypto‑banking card provider, don launch EVM‑compatible Ethereum Layer‑2 wey by default dey route ERC‑20 transfers through private pools and e no need any smart‑contract change. The L2 fit add as custom chain for MetaMask and e dey use off‑chain Privacy Vaults plus freshly generated withdrawal addresses for contract interactions to keep privacy. Payy dey target institutions and fintechs wey need move on‑chain capital without exposing transaction data, and crypto users wey prefer privacy without managing plenty wallets. The company don sign undisclosed launch partners, including stablecoin issuers, and dem plan to reveal dem within weeks. The network support all ERC‑20 tokens with focus on private stablecoin transfers. Payy present am as solution to slow, privacy‑exposing on‑chain flows wey traditional financial firms dey complain about. For traders, make una watch for rising stablecoin transfer volumes on privacy L2s, partner disclosures, and adoption signals wey fit shift ERC‑20 liquidity and on‑chain transaction patterns; the launch also dey alongside wider industry moves toward institutional L2 adoption.