Overview
- Aztec Labs reopened zk.money in an early alpha on Tuesday, September 29, 2026, offering a self‑custodial wallet that moves funds onto the Aztec Network so balances, amounts and recipients can be concealed after deposit.
- Users can deposit DAI, USDC or USDT from Ethereum but USDC and USDT are converted into DAI for use inside zk.money, and the initial Ethereum deposit still publicly reveals the sender and amount.
- The launch enforces per‑operation caps of $2,500 and a system‑wide $50,000 daily deposit ceiling, and the wallet frontend and relayers screen addresses against sanctions lists while barring users located in some jurisdictions such as the U.K. and New York.
- Aztec warns the release is an alpha that has not been fully audited, contributors disclosed a critical V5 proof‑system flaw with a planned V6 fix, and the company said it will launch before that fix is deployed while using an Oxide checksystem to catch some errors.
- The relaunch arrives against a backdrop of prosecutions of privacy‑tool developers and stablecoin issuers’ freeze powers, which together leave legal risk for users and developers and make regulatory reaction and stablecoin issuer behavior key things to watch.