Ethereum users get another way to pay privately as zk.money returns after three years

Ethereum users get another way to pay privately as zk.money returns after three years

Summary

Aztec Labs is relaunching zk.money, a self-custodial wallet that routes payments through Aztec Network to conceal onchain balances, transfer amounts and recipients. Users can deposit DAI, USDC or USDT from Ethereum, though deposits reveal the sender and amount; funds are converted to DAI inside the system. The early-stage service has limits of $2,500 per transaction and a shared $50,000 daily deposit allowance, plus fees and sanctions screening. Aztec says the caps may rise as the system matures. The network remains in Alpha, its software is not fully audited, and a critical flaw in its V5 proof system is awaiting a V6 fix. The wallet will launch before that fix, with a separate system intended to check payments for software errors.