---
title: "Aztec relaunches zk.money wallet for private stablecoin payments"
description: "The self-custodial Ethereum wallet hides balances and recipients, with transactions capped at $2,500 during early rollout"
author: "rews desk"
published: 2026-09-29T21:46:03Z
modified: 2026-09-30T07:13:02Z
url: https://rews.cc/a/aztec-relaunches-zk-money-wallet-for-private-stablecoin-paym-adcd8a
language: en
tags: ["crypto", "privacy", "ethereum", "aztec", "zk", "tech"]
publisher: "Rews (https://rews.cc)"
---

# Aztec relaunches zk.money wallet for private stablecoin payments

*The self-custodial Ethereum wallet hides balances and recipients, with transactions capped at $2,500 during early rollout*

By rews desk · September 29, 2026 · https://rews.cc/a/aztec-relaunches-zk-money-wallet-for-private-stablecoin-paym-adcd8a

## In brief

- Aztec Labs relaunched zk.money, the privacy wallet it shut down three years ago, on its Ethereum layer-2 Aztec Network
- Transactions are capped at $2,500 each in the early rollout, with a shared $50,000 daily deposit ceiling
- Payments inside the wallet are private, but deposits from Ethereum remain publicly visible
- The original zk.money drew more than 75,000 wallets and $100 million in volume after its 2021 debut
- The relaunch went live before a fix for a critical proving-system flaw Aztec disclosed in August

Aztec Labs relaunched its self-custodial privacy wallet zk.money on Tuesday, three years after shutting it down, allowing users to send and receive stablecoins without publicly revealing balances, amounts or recipients.

The wallet runs on Aztec Network, a privacy-focused Ethereum layer-2 that settles back to the main Ethereum chain, and transactions are capped at $2,500 each during the early rollout, with all users sharing a $50,000 daily deposit ceiling, according to the company.

Users claim a tag such as bob.zk.money, which resolves through the Ethereum Name Service to a deposit address, Aztec said in posts on X. They can send USDC, USDT or DAI from an exchange or an Ethereum wallet.

“Onchain transactions between two individuals shouldn’t mean publishing your financial history to the world,” Aztec Labs Chief Executive Joe Andrews said in a statement.

Payments made inside zk.money stay private, but deposits from Ethereum remain publicly visible, Aztec said. Private functions run on the user’s own device, which generates zero-knowledge proofs, cryptographic receipts that confirm a transaction is valid without revealing its details, according to the company’s developer documentation.

Because the wallet is self-custodial, Aztec said it cannot spend or freeze user funds and no privileged administrator controls it.

The original zk.money debuted in 2021 and drew more than 75,000 wallets and $100 million in volume before the team shelved it to build its own network, Aztec said. The company raised $17 million in a Paradigm-led round in 2021 and later expanded zk.money with Aztec Connect, a toolkit for plugging its privacy technology into decentralised finance protocols.

The relaunch went live before a fix for a critical flaw in Aztec’s proving system that the company disclosed in August, [Unchained reported](https://unchainedcrypto.com/aztec-revives-its-private-payments-wallet-capping-every-transfer-below-2500/).

The wallet also returns to a legal environment in which two developers are serving prison sentences for building privacy features into a non-custodial Bitcoin wallet, [Gadget Review noted](https://www.gadgetreview.com/private-stablecoin-payments-are-back-on-ethereum-but-is-the-software-legal).

The relaunch comes as privacy rises on Ethereum’s agenda. Developers are weighing proposals for next year’s Hegotá upgrade that would let privacy pools pay their own transaction fees without intermediaries, Decrypt reported.

In a post over the weekend, Ethereum co-founder Vitalik Buterin said special-purpose applications could achieve “very strong privacy” through zero-knowledge proofs as part of what he called his “cryptographic world computer” vision.