Switzerland, Zug, April 15, 2026, Chainwire
Mirage, supported by Seed Club Ventures and Kyber Knight, has launched a non-custodial protocol for private stablecoin transfers. The protocol avoids shared liquidity pools, making it difficult to distinguish from regular activity, and enables rapid settlement on Ethereum and compatible networks.
Currently, closed Alpha access has been opened to users on the waiting list. A broader mainnet rollout is planned for later in 2026.
What Makes Mirage Unique
Most on-chain privacy tools require users to accept at least one major trade-off: visible interactions with known privacy systems, shared counterparty risk from pooled funds, or slow settlement times that make the product impractical for everyday payments.
Mirage aims to eliminate these trade-offs. Its design ensures that users of the protocol are not easily identifiable as interacting with a privacy system. The protocol does not use shared pools or mixers, meaning users do not mix funds with strangers or inherit their risks. At the same time, its settlement speed is extremely fast, with settlement times on the rapid Ethereum network taking just seconds, and under two minutes on the Ethereum mainnet.
This makes Mirage suitable for a variety of stablecoin use cases, including everyday transfers, payroll, contractor payments, financial operations, and inter-business payments.
How It Works
Mirage does not route transfers through shared pools. Instead, it uses transaction-specific custodial and coordinated settlement processes to protect privacy without exposing a direct on-chain link between sender and receiver. It is compatible with stablecoins and networks that users already rely on, and does not require new tokens.
Its core design goal is to make the behavior of using the protocol difficult to distinguish from regular activity, reducing the stigma and risk signals associated with traditional privacy systems. Recipients receive standard stablecoin transfers, with current deployment costs on the Ethereum mainnet typically under $5. The SDK allows wallets and applications to integrate Mirage without altering users' existing assets or chains.
Born for Stablecoin Adoption
The development of Mirage aims to provide users seeking financial privacy with a frictionless, burden-free solution. By avoiding shared pools, Mirage reduces the practical costs of privacy and the stigma associated with using systems that clearly mark users as high-risk. Ultimately, it offers a faster, simpler experience that is more easily accepted by mainstream users and businesses.