Decrypt Adds Confidential Transfers to Money Account Using Helius Privacy Rings on Solana
Decrypt is adding confidential transfers to its Money Account through a partnership with Solana infrastructure firm Helius, using the Solana Privacy Rings system. Transfer amounts and asset types are hidden, while sender and recipient wallet addresses remain publicly visible on-chain.
Written by CoinArticle’s AI Newsroom · from 2 cited sources. How we work
What Was Announced
Decrypt is adding confidential transfers to the Decrypt Money Account through a partnership with Solana infrastructure provider Helius, according to announcements from both companies. The feature runs on Solana Privacy Rings, Helius' privacy system for the network, and lets users send funds without publicly broadcasting what they sent. The partnership was announced on November 10, 2026, about a month after Decrypt launched Money Accounts on October 8, 2026, per Crypto Briefing.
Money Accounts are self-custodial USDT balances on Solana, meaning users rather than Decrypt control the funds. The product is designed to let one balance support activities such as trading and lending without bridging assets across chains or depositing into each product separately. The privacy feature is part of Decrypt's broader shift into what it calls The Information Exchange, a single account combining news, trading and prediction markets.
What Is and Is Not Hidden
The sources differ on how much of a transfer is concealed, and the distinction matters. Decrypt's announcement describes the system as letting users send funds without revealing what they are sending to the rest of the world. Crypto Briefing, which examined the design in more detail, reports that in the default configuration the asset type and transfer amount are encrypted, while sender and recipient addresses remain public. Observers can therefore see that two wallets interacted but not what value moved between them.
Helius describes the mechanism as zero-knowledge proofs that let a user prove they own and can spend a balance without revealing it. Crypto Briefing summarizes the underlying idea as allowing the network to confirm a transaction is valid without seeing its contents. Both descriptions point to the same technical approach, but the public-address limitation is the caveat that readers should weigh. Crypto Briefing describes the arrangement as confidentiality rather than anonymity, since anyone tracking a specific wallet can still map its counterparties.
Helius product lead Tilo Palfner argued that public wallets can reveal holdings, transfers and trading activity, and that once a wallet is linked to a person that history can be exposed. Helius says confidential transfers feel like ordinary Solana transfers in speed and workflow.
Scope and Compliance
Privacy currently applies only to sending funds. It does not yet extend to Jupiter-powered swaps on The Information Exchange, Earn products or prediction market positions. Palfner called the transfer feature "the first step" toward programmable privacy for private swaps, lending and yield. Crypto Briefing lists private swaps and lending among roadmap items planned for Q4 2026.
Helius says the system is designed to work alongside compliance tools. Users can share access to private balances through viewing keys, and analytics firms including Range, Chainalysis, Elliptic and TRM Labs support wallet screening against sanctioned addresses. Helius states the core programs are live on Solana mainnet and were audited by Certora, OtterSec and ZK Security. The default ring is permissionless, with no global auditor key. Helius is also building Custom Rings that would let institutions set their own compliance controls and auditor access, with release planned for the fourth quarter of 2026.
The two sources differ on which firms are involved in compliance and audit. Crypto Briefing lists Chainalysis, Elliptic, Certora and OtterSec as expected providers of compliance and auditing tools. Helius's own announcement names a broader set, adding Range and TRM Labs for screening and ZK Security as an auditor. Readers should treat the Helius list as the more complete company-stated account.
Context
Helius CEO and co-founder Mert Mumtaz argued that throughput and latency have dominated crypto scaling discussions, and that privacy is the remaining frontier. Decrypt co-founder and COO Ilan Hazan and CPO Alex Solleiro framed the feature as necessary for onboarding more users and use cases to on-chain finance. Neither company has disclosed user adoption figures for the feature, and the sources do not report a timeline for the Money Account's own rollout beyond the dates above.
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This article is for information only and is not financial advice. Read the full disclaimer.
