More merchants are getting paid in stablecoins. The problem is that those settlements usually land in a public wallet, exposing the merchant’s receiving address, balances, transaction history, and what happens to the funds next. Instead of giving your payment service provider your public operating wallet, you can use a Hinkal Deposit Address as the settlement destination. It works like a regular wallet address, so they send the payout exactly as they do today. Once it arrives, eligible funds are screened and automatically moved into your private balance inside Hinkal, so the settlement is not publicly tied to the wallet you actually use onchain. The payment provider does not need to integrate Hinkal, interact with a smart contract, or change how it sends payouts. For them, it is the same settlement flow. For you, the funds arrive privately. They settle as usual. You receive privately. Use a Hinkal Deposit Address for your next merchant settlement at

A standard CEX withdrawal sends funds directly to a public wallet address, making the destination wallet, along with its balance and transaction history, visible onchain. With Hinkal, you can keep that financial activity confidential by withdrawing to a Deposit Address instead. Generate a Deposit Address at paste it into Coinbase, Kraken, Binance, or any other exchange as the withdrawal destination, and withdraw as usual. Once the funds arrive, they are automatically moved into your private balance inside Hinkal, where your activity is no longer publicly tied to the wallet you actually use. The exchange does not need to integrate Hinkal or change how withdrawals work. And you do not need to withdraw to a public wallet first and then make a separate transaction into Hinkal. You withdraw once, and the funds arrive directly in your private balance. Make your next CEX withdrawal private with a Hinkal Deposit Address at Available now across @ethereum, @solana, @trondao, @arbitrum, @BNBCHAIN, @tempo, @0xPolygon, @arc, and @base.

"Where do we see the biggest adoption? Not on private chains. We see it on public chains." That one observation is why Hinkal exists. If money moves on @solana and @ethereum , not on chains purpose-built for privacy, then privacy isn't a feature the chain ships. It's a problem the chain's customers have. And the need only grows. Dollars. Then FX. Then securities. Every asset that moves on-chain pushes privacy from preference to requirement, until it's non-negotiable. @gegelz bet on that four years ago, before anyone was asking. Hence the constraint: privacy by default, no rip-and-replace. Existing wallets, any asset, any form. Full episode with @catmcgee and @Maxwolfj here

Deals of the Week · Aug 30 – Sep 5. 11 deals. Last month banks were lending against crypto. This week they started issuing on it. The big one: 21 banks - BofA, @Citi , @GoldmanSachs , @UBS , @DeutscheBank , @SantanderMx + more - are forming a joint company to issue a regulated USD stablecoin on public chains. And 7 US banks put $32.5M into Cari, an @ethereum L2 for tokenized commercial deposits. Banks aren't just using the rails. They're building them. Biggest check of the week: Félix - $200M ($87M equity + $113M credit) for WhatsApp remittances on USDC/Stellar. Rest of the board: @OpenReserveBank - $25M, digital bank + rUSD @DiameterPay - $10M, USD account APIs @Firelightfi - $8M, exploit cover @1096361BTC - $8M @aigaealabs - $3.6M @Plenti - $3M @ParlayXOfficial - $1.25M @PolarisProgram - $1M A tokenized deposit is a client's balance and payment flow - onchain. No bank puts that on a public explorer. Private settlement is the part that has to work first.

Stablecoins & payments, 31 Aug - 4 Sep. 22 stories, three that count: The BIS argued tokenised deposits will beat stablecoins in payments. TD finished Agorá testing, 21 banks (@BofA_News , @Citi , @GoldmanSachs ) named 2027. Tether's CEO fired back within a day. Yield is now the product. @MEXC : 10% cashback + 7% APY. @ethena Pay on @avax : 6% + 10%. @stripe hired an exec just for stablecoin cards. Everyone bought the map, not the ledger - Vietnam, the Philippines, South Africa, Korea, LatAm, plus EURC going crosschain via CCTP. Also: MAS opened its stablecoin framework to consultation. Full digest

Excited to join @PlugandPlayTC & @XDCNetwork accelerator alongside some great teams building the future of finance. Plug and Play has build the bridge between emerging technologies and traditional markets with the biggest companies in the world. Now we are part of this bridge where Hinkal will enable bank level privacy for actual banks and FIs. Exciting moment for Hinkal to enable privacy to the most sophisticated players in the world.

Hinkal's bug bounty is live on @HackenProof We're opening Hinkal to independent security researchers, with rewards of up to $10,000 for critical vulnerabilities across our core smart contracts and zero-knowledge circuits. Private balances, transfers, swaps, and payments all run on these same primitives, so we'd rather have researchers stress-testing them continuously than rely on audits alone. Found something? Report it and get paid

August: another productive month for hinkal. MAU +38% WAU +21% DAU +9% 7-day retention 28.6% 30-day retention 17.7% Growth is nice. People staying is better. Retention is the metric we watch closest, because it answers the real question: is privacy something you try once, or something you keep? More and more, the answer is: you keep it. Privacy used to be a niche concern in crypto, for the paranoid, or bolted on after a bad experience. That's changing. A public ledger means a public life: every balance, every counterparty, every position, visible forever to anyone who looks. The case for privacy is practical: - Your strategy stays yours - no one front-runs what they can't see - Your balances stay yours - no profiling your salary, treasury or portfolio - Your counterparties stay yours - payroll and OTC don't need an audience - Nothing else changes That's what hinkal is for: privacy as the default state of being on-chain, not a mode you switch into. If you've been meaning to try it, start small. Shield one balance, send one private transfer -

Hinkal Swaps are live. Private swaps, same-chain and cross-chain. No public sender, no visible balance, no trace of who swapped what. Every swap on a public chain is a disclosure: your size, your position, your counterparty - permanently readable. That was the price of using DeFi. It isn't anymore. Swap straight from your Private Balance. You never appear on-chain as the sender. The receipt reads Private - Private, and nothing else does. Same-chain and cross-chain in one flow. Routes priced live. Seconds to settle, cents to pay. Live on @ethereum , @arbitrum , @0xPolygon , @base , @solana , @tempo and @BNBCHAIN - 100+ tokens. Swap privately on

Hinkal Wallet now supports @BNBCHAIN. Everything the wallet does now works on BNB Chain: • Two accounts in one wallet: a public account for everyday use and a private account where balances and history stay off display • Shield and unshield between them anytime, or auto-shield incoming funds straight into the private account • Send with the sender, recipient, and amount hidden; pay any public address without revealing who paid • Swap from your private account • Swap & bridge from your public account • Fully self-custodial The largest daily user base in crypto runs on BNB Chain. Now it has a wallet where what you hold and who you pay stays your business. Privacy built into the way money already moves. Start using it here

Four years ago, pitching privacy to an institution got you a polite "we don't need this right now." @gegelz on the Privacy Show with @catmcgee and @Maxwolfj , on the bet Hinkal made back then, and why it's playing out now. Adoption isn't happening on private chains. It's happening on public ones. So privacy isn't a problem the chain needs to solve. It's a problem the chain's customers need solved. And demand scales with what moves on-chain. Dollars - FX - securities. By the time you're moving real assets, privacy stops being a feature and becomes non-negotiable. There's also a reason privacy chains struggle that has nothing to do with their tech. A chain's real product is signal and trust. When BNY tokenizes deposits on @solana , every other bank has a conversation about it. A privacy chain can offer privacy. It can't offer that. Which is why Hinkal built privacy that works with the existing stack. Any wallet. Any asset. No migration. Private by default. Georgi also gets into what actually changed in the last 12 months to bring privacy into boardrooms, and it isn't what most people assume. Full hour. Worth it

Deals of the Week - Aug 17–29 9 deals. The biggest money came as debt, not equity. Breakdown: Debt - @FalconXGlobal × @ethena - $1B secured lending SPV, USDe liquidity into institutional credit - @Ripple Prime - $275M senior unsecured notes for prime brokerage M&A @BitGo acquires @NYDIG 's institutional trading business - $57.5M Venture - @fasset - $68M Series C, stablecoin neobank (led by SBI Group) - @NeoSoulAI - $11M Series A, AI-agent credentials & execution - @Beldex - $8M, privacy DeFi infra - @ORO - $3M strategic, AI DeFi execution Strategic - @RQDClearing - $74M, equities clearing & tokenization - @ConcreteXYZ Protocol - undisclosed, on-chain credit & structured debt app-chain The read: when the biggest tickets come as lending SPVs and senior notes, institutions are underwriting crypto balance sheets as credit. Credit at that scale needs confidential settlement. Privacy stops being a feature. It becomes a prerequisite.

Stablecoins & Payments, 24–28 August. 28 stories, 5 days, one pattern: banks stopped piloting and started distributing. @StanChart became the first bank distributor of a HKD stablecoin platform. Shinhan Financial + @Visa will test the full loop - issuance, remittance, redemption. @jpmorgan is weighing a coin of its own. Distribution beat issuance this week. @Onafriq - USDC across 40+ African markets; @crossmint - global onramp; @wasabicard - payouts in 30+ currencies, The fight moved from minting to reach. Agents got their own rails. × Casper on AI agent payments. @reconart reconciling @solana remittances. Settlement is being rebuilt for payments a machine initiates, not a person. Regulators drew lines. UK is giving the Bank of England a formal mandate over stablecoins and digital money. @zerohashx resubmitted for an OCC national trust charter. And capital followed: @fasset - $1B valuation, SBI backing its payments push @BlockradarHQ , past $1B in volume @galaxyoneapp, credit lines on @Paxos rails.

Private bridging is live on Hinkal, powered by @lifiprotocol. The same private balance you already send, swap, and pay from can now move across chains too. Available in Hinkal Pay and Hinkal Prime, the feature lets users bridge privately across Ethereum, Polygon, Arbitrum, Base, BNB Chain and Tempo. On-chain, only Hinkal smart contract activity is visible, while the actual user, counterparty, and amount stay private. Institutional stablecoin operations do not live on a single network. Funds have to move across chains, but that movement should not expose the origin of your capital, the destination of your payments, or the size of your flows. Cross-chain privacy, end to end.

Hinkal is partnering with @allscaleio to bring privacy to merchant stablecoin settlements and payouts. AllScale - which already serves 1.5M+ user wallets, processes $500K+ in daily transaction volume, and has grown its user base 10x since launch - gives merchants and global businesses a self-custodial operating account for stablecoin commerce. Through the Hinkal integration, merchants on AllScale will be able accept stablecoin payments, settle sales, and execute downstream payouts privately, without exposing balances, revenue, or operational activity to counterparties and competitors. The integration is built around AllScale’s existing architecture. No need to rebuild the wallet layer around privacy. AllScale’s Turnkey wallet infrastructure stays in place for security, keys, and signatures, while Hinkal API uses the existing signing flow to enable private balances and private transactions underneath. Same product experience for AllScale users, with privacy built in.

Private cross-chain transfers from Solana and TRON are now live in Hinkal Pay and Hinkal Prime. With @near_intents powering execution underneath, users can bridge from Solana and TRON to supported destination networks directly through Hinkal. + Solana → EVM + TRON → EVM + Solana ⇄ TRON Every bridge runs through Hinkal’s shielded pool, preventing public on-chain links between origin and destination. The experience remains non-custodial, ZK-verified, and Chainalysis KYT-screened before settlement. Cross-chain movement no longer has to be the point where privacy breaks. More routes. Same privacy.