Mirage

Mirage is a privacy protocol for stablecoin transfers, deployed on Ethereum and EVM-compatible networks. It uses no shared pool and does no mixing; each transfer gets its own escrow contract, funds rest there briefly between sender and recipient and are released on settlement, so a user's assets never mingle with strangers' money and never inherit their risk.

The aim is to make a private transfer hard to tell apart from an ordinary one: the recipient simply receives a normal stablecoin credit, no separate privacy chain or new asset is needed, and no direct link between the two parties appears on-chain. Settlement takes seconds on faster EVM networks and can complete within two minutes on Ethereum mainnet, and a development kit lets wallets and payment apps integrate the flow.