Payy Debuts Privacy-Focused Ethereum Layer-2 Network

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Written by Aaron S.,

Editor-In-Chief

Last Updated: February 05, 2026

Key Takeaways

Payy launched an Ethereum Layer-2 network that enables private ERC-20 transfers while keeping token sending simple and familiar for users;
The network connects to MetaMask as a custom chain and routes transfers through privacy pools by default, with no smart contract changes;
Payy targets financial firms and privacy-focused users, with emphasis on private stablecoin transfers over general trading use.

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Payy Debuts Privacy-Focused Ethereum Layer-2 Network

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Payy has introduced a new Ethereum ETH $1,832.48 Layer-2 network focused on private token transfers.

The project already offers a privacy-centered wallet and a crypto payment card. With this launch, Payy aims to make on-chain transactions less exposed while keeping the process simple for users.

According to Payy, the new network can be added to MetaMask as a custom chain. After setup, ERC-20 transfers use privacy pools by default.

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Payy stated that this process works without any changes to existing smart contracts. Users can send tokens as usual, while the network handles privacy in the background.

Payy outlined two main groups it wants to serve. One group includes banks, fintech companies, and other financial firms. These organizations want to move money on-chain but do not want transaction data to become public.

The second group includes crypto users who care about privacy and want a simple setup. Payy aims to remove the need for multiple wallets or complicated tools.

While the network supports all ERC-20 tokens, Payy’s website places strong attention on stablecoins. The company presents the network as a way to privately move stable value, rather than as a general trading platform.

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