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Why Zcash Is the 'Fastest Horse' for Privacy: Helius CEO Mert Mumtaz

CoinDesk Podcast Network

CoinDesk

News, Tech News, Daily News, Business News

4.7698 Ratings

🗓️ 25 October 2025

⏱️ 20 minutes

🧾️ Download transcript

Summary

Helius CEO Mert Mumtaz joins "Markets Outlook" to break down the catalysts behind the recent rally in Zcash. Plus, why he believes crypto is currently "more public" than TradFi and the significance of privacy on chain. - Break the cycle of exploitation. Break down the barriers to truth. Break into the next generation of privacy. Break Free. Free to scroll without being monetized. Free from censorship. Freedom without fear. We deserve more when it comes to privacy. Experience the next generation of blockchain that is private and inclusive by design. Break free with Midnight, visit ⁠https://midnight.network/break-free⁠ - Bridge simplifies global money movement. As the leading stablecoin issuance and orchestration platform, Bridge abstracts away blockchain complexity so businesses can seamlessly move between fiat and stablecoins. From payroll providers and remittance companies to neobanks and treasury teams, Bridge powers payments, savings, and stablecoin issuance for thousands – like Shopify, Metamask, Remitly, and more. URL: ⁠⁠https://hubs.ly/Q03KGbRK0⁠ - OwlTing (Nasdaq: OWLS) is building invisible rails for global payments. With OwlPay, businesses and users can bridge fiat and stablecoins, send money instantly across borders, and access stablecoin checkout at lower costs. Licensed worldwide, OwlTing delivers secure, compliant, and regulated infrastructure for the digital economy. Learn more at ⁠https://www.owlting.com/portal/?lang=en&utm_source=CoinDesk&utm_medium=cpc&utm_campaign=CoinDesk_Banner⁠. - This episode was hosted by Jennifer Sanasie and Sam Ewen.

Transcript

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0:00.0

Crypto without privacy isn't really crypto on multiple levels.

0:04.2

I mean, even the word crypto is derived from Greek words that mean hidden in secret.

0:13.0

Yet crypto today is more public in terms of I can see anybody who is transacting on chain.

0:33.7

Break the cycle of exploitation, break down the barriers to truth, break into the next generation of privacy, break free.

0:39.9

Free to scroll without being monetized, free from censorship, freedom without fear. We deserve more when it comes to privacy.

0:44.6

Experience the next generation of blockchain that is private and inclusive by design.

0:48.7

Break free with midnight, visit midnight.net.net. Network forward slash break dash free.

0:54.3

Built for speed, scale and simplicity, bridge helps businesses, send, store, accept, and launch stablecoins instantly. Serve global customers without navigating the complexities of setting up crypto rails.

0:59.6

It's how companies like X, Shopify, and Airtm unlock new markets, reduce FX costs, and move

1:05.2

money at internet speed. Looking for a faster or cheaper way to move money worldwide,

1:09.9

Owl Ting, now listed on the NASDAQ under the ticker symbol Owls, is building the rails for stablecoin payments. Convert fiat to stable coins and send money as easily as a text message. Learn more at Owlting.com. Hey, everyone, you're watching Markets Outlook on CoinDesk. I'm Jen Sanasi here with my co-host, Sam Uen. and today we're joined by Helius CEO, Mertz, hey, Marte, what's going on? Hey, Mark, what's going on? Hey, guys. Thanks for having me. Thanks for being here. And what a day for you to be here, because I think this morning I saw that Zcash is over 400%. You are, of course, the CEO of Helios, which provides developer tools for builders

1:45.2

on Solana, but you've been a big supporter of Zcash lately. So I just want to start here. Talk to me a

1:51.4

little bit about your support and your, I guess, ambassadorship for Zcash and why we're seeing

1:56.9

this incredible surge lately. The surge, the recent momentum, so to speak, it comes from a few sources and it's always

2:05.6

hard to overfit these things and it's easy to over rationalize them.

2:10.6

But fundamentally, the way to frame this in my view is that crypto without privacy isn't

2:16.6

really crypto on multiple levels.

2:20.3

I mean, even the word crypto is derived from Greek words that mean hidden in secret.

2:29.3

Yet crypto today is more public in terms of I can see anybody who is transacting on chain

2:38.5

basically interacting with whether it's their card payments, whether which exchange they use,

2:46.7

I can find out a lot of information about them that I couldn't even find out if they were

2:50.3

using the traditional financial system. And there's a lot of information about them that I couldn't even find out if they were using the traditional financial system.

...

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