“The Polybase Labs team presented a Payy Visa card that allows you to spend steiblcoins without disclosure of transactions in public blockchains. Introduction Payy Card-Spend Stablecoins Privately 🤫 • Undoxxable Non-Custodial Card Using ZK for Privacy • Physical Card with Light-Up Logo (Limited Quanti) Spend-to-earn Points Program Pic.twitter.com/genmwckumo-Payy (@Payy_Link) […]”, – WRITE: Businessua.com.ua
The Polybase Labs team presented a Payy Visa card that allows you to spend steiblcoins without disclosure of transactions in public blockchains.
IntRODUKING PAYY Card – Spend Stablecoins Privately 🤫
• Undoxxable non-Custodial Card Using ZK for Privacy
• Physical Card with Light-Up Logo (Limited Quantity)
• Easy Setup and Deposit USDC/Crypto
• Soon: Spend-to-earn Points Program pic.twitter.com/genmwckumo– Payy (@Payyy_link) August 6, 2025
This uses zero disclosure evidence and your own distributed registry.
The co -founder of the project and former Apple Engineer Sid Gandhi believes that the openness of financial data makes the services irresponsible and unethical.
“Either I have gone crazy or the whole world, because it is impossible to build a financial system without the foundation – privacy,” said Polybase Labs, in an interview with Coindesk.
According to Gandhi, the team spent two years to create a second -level payment network from scratch. The developers deliberately abandoned EVM compatibility, considering it unsuitable for private transactions.
During the payment of ZK docasis confirm authorization, after which the Payy network writes off funds from the user’s wallet to calculate Visa.
Inspired by Zcash, Monero and Aztec examples, developers immediately integrated the requirements of regulators like AML. Gandhi stressed that other confidential decisions are often ignored by regulatory standards.
He also stated that Payy has the simplest registration and the most convenient interface among cryptocards.
“I tried everything. Even my technically bruised friends, far from crypt, would not be able to use any existing service. We believe that the product should be intuitive and understandable to everyone, ”he said.
Polybase Labs has attracted funding from Robot Ventures, DBA Crypto, 6th Man Ventures, Orange Dao, Protocol Labs and other investors.
“Payy has finally created a real alternative to consumer banking. Now you can store and spend steiblcoins confidentially without even thinking about blockchain. And it just works, ”Robot Ventures partner Robert Leshner commented.
We will remind, in April Kraken united with Mastercard to release physical and digital crypto debit cards.
The gun
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