AllScale is a non-custodial stablecoin neobank enabling businesses to accept payments, settle sales, and send payouts from one self-custodial account, with no crypto complexity for the user. Hinkal makes all the transaction flows underneath that account private. The product works exactly as before; We just keep the business's revenue, balances, and counterparties confidential.

Why we are partnering

Public chains are transparent by design. That openness records what a business earns, what it holds, and who it pays, which is fine for many and a liability for any operation where revenue and counterparties are competitive information. AllScale already screens every payment through a KYT smart contract, so compliance is built in, but screening is not privacy: the payment still settles in the open. That is the piece Hinkal adds. The point is not secrecy. A business still answers to auditors and regulators; it gets confidentiality from the market with disclosure to the parties entitled to see.

The privacy is in production, not theory. The same infrastructure already powers private USDC and USDT payments inside the official Polygon Wallet and runs institutional volume through MPCVault. Because AllScale's wallets run on Turnkey, and Hinkal integrates directly with Turnkey-generated signatures, privacy plugs in with no change to key management or custody.

How it fits the AllScale model

Hinkal adds a confidential layer across AllScale's payment flow, and leaves the rest of the product unchanged. The account, wallet, login, and dashboard remain the same. Funds can be held as a shielded balance and moved confidentially, so sender, recipient, and amount stay off the public record, while a zero-knowledge proof keeps each transaction valid to the network. Custody does not move, the existing KYT screening stays in the path, and viewing keys let a business prove specific transactions to an auditor or regulator on request.

Privacy is a choice, not a default. At checkout the merchant selects to receive privately or publicly. Customers will be able to pay in a range of tokens across chains. The business will be able to receive a stablecoin on its preferred chain.

Use cases this opens

AllScale serves a range of businesses, and the value shows up wherever public-chain activity reveals how one operates.

Direct merchants and high-volume businesses.

Merchants use AllScale to accept stablecoin payments, settle sales, and run funds from one self-custodial account. On a public chain that account shows how much they earn, when money lands, how much they hold, and where it goes next, a real risk for high-volume or commercially sensitive businesses such as FX and digital goods. Hinkal keeps the settlement activity, balances, and payouts private while the commerce runs as before.

Telegram storefronts and digital goods sellers.

AllScale also powers lightweight commerce: Telegram storefronts, payment links, memberships, and other digital goods, with no wallets, chains, or gas for the buyer. But on-chain, the seller's sales volume, balances, and payout patterns become trackable. Hinkal adds privacy beneath the same storefront, so the seller keeps selling while the activity behind the payments stays private.

PSPs and merchant platforms.

AllScale also lets PSPs and platforms add stablecoin acceptance to their existing flows: the PSP stays merchant-facing and routes crypto payments through AllScale checkout, QR, KYT, and settlement. Without Hinkal, each merchant settles into a publicly traceable wallet. Hinkal makes the merchant-side balances and payouts private, so a PSP can offer stablecoin acceptance without exposing its merchants' revenue and flows to the public.

Global businesses with payout-heavy operations.

AllScale also fits businesses that invoice, collect, and pay out across markets, to vendors, affiliates, contractors, suppliers, and remote teams. On a public chain those payouts reveal the operating structure: who it works with, how often, how much, and where funds move next. Hinkal can keep these balances, settlements, and downstream payments private while AllScale serves as the stablecoin operating account.

Why Hinkal

Hinkal provides privacy infrastructure for stablecoin payments and on-chain financial operations. We help businesses move funds across public blockchain networks while keeping sensitive payment, settlement, payout, and treasury data confidential, without changing users’ existing flows or operational processes.

Hinkal has processed over $500M in confidential volume and is backed by investors including Draper Associates, SALT, SNZ Capital, and NGC Ventures.

Incubated at Stanford and Binance MVB, and trusted by organizations such as Polygon, MPCVault, Rubic, Borderless.xyz, Khalani, and others, Hinkal is building privacy infrastructure for real-world stablecoin adoption across fintech, payments, and institutional finance.

‍

‍