EL7.AI
Crypto•15 July 2026•
1 min read

Starknet Launches STRK20 Privacy Stack for Confidential Transactions

Key Facts

1Starknet launched its privacy stack including a Privacy SDK and Wallet API to enable confidential transactions.
2The STRK20 standard allows any ERC-20 token to operate with encrypted balances and private transfers via ZK-STARK proofs.

In a move aimed at strengthening security standards within the blockchain ecosystem, Starknet has officially launched its privacy stack for external developers. This release includes a dedicated Privacy SDK and a Wallet API designed to facilitate confidential transactions. These tools allow developers to integrate privacy features directly into their decentralized applications, marking a significant technical milestone.

The new framework centers on the STRK20 standard, which enables any ERC-20 token to function with encrypted balances and private transfers via ZK-STARK proofs. This development occurs as Layer 2 networks like Arbitrum and Optimism compete to attract developers by improving scalability and privacy; Starknet is positioning itself as a technical leader in this crowded sector per market data.

Regarding broader catalysts, the crypto sector may see sentiment shifts following the U.S. Monetary Policy Report scheduled for July 10, 2026, which could provide clues on global liquidity trends.