---
title: "Payy Launches Stablecoin Refund Mechanism for Ethereum Privacy EVM L2 Network"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/298670312.md"
description: "Payy, an Ethereum privacy-focused EVM L2 network, has launched 'Finality,' a stablecoin refund mechanism. This system enables enterprise customers to have dispute resolution similar to chargebacks without reversing original blockchain transactions. Payers set a recovery window while recipients get immediate funds. Liquidity providers cover protection during this period. If disputes arise, payers submit evidence for neutral arbitrator review; approved cases allow the protected amount to be recovered."
datetime: "2026-09-11T02:33:54.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/298670312.md)
  - [en](https://longbridge.com/en/news/298670312.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/298670312.md)
generator: "portal-rs"
---

# Payy Launches Stablecoin Refund Mechanism for Ethereum Privacy EVM L2 Network

Payy, an Ethereum privacy-focused EVM L2 network, has launched a stablecoin refund mechanism called Finality. According to Foresight News, the system is designed to give enterprise customers dispute resolution similar to chargebacks without reversing the original blockchain transaction. Under the mechanism, payers can set a short recovery window when creating a payment, while recipients receive funds immediately. During the window, liquidity providers cover payment protection. If a dispute arises, the payer submits reasons and evidence for review by a neutral arbitrator, and approved cases allow the protected amount to be recovered.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**