Aztec Labs Revives Private Payment Wallet zk.money

Aztec Labs is reviving its private payment wallet zk.money, which allows users to send and receive funds without exposing their financial history on Ethereum.

The wallet will support deposits of $DAI, $USDC, and $USDT stablecoins from Ethereum, with $DAI being the only currency used inside zk.money. The Aztec Network, connected to Ethereum, will hide balances, amounts, and transaction details, allowing users to send payments by name or payment link.

Aztec Labs' CEO Joe Andrews stated that 'onchain transactions between two individuals shouldn't mean publishing your financial history to the world.'

The relaunch comes with limits: each deposit, payment, and withdrawal must be below $2,500, and users share a $50,000 daily deposit allowance.