Overview

Silo is a non-custodial crypto payments platform. It lets users send and receive cryptocurrency using a single username, with privacy built into every transaction and compliance enforced automatically. The sender types a username and a dollar amount. Silo handles everything else in the background: asset conversion, chain routing, bridging, privacy, and compliance. The receiver gets paid in their preferred asset on their preferred chain, to the wallet of their choosing, without the sender ever needing to know those details. No wallet addresses are exchanged between parties. No chain or asset coordination is required. No new wallet is needed. Silo works with whatever wallet the user already has. Every transaction is private by default. Sender-receiver linkage is hidden from public blockchain observers. Both parties receive a redacted receipt that proves the payment occurred without exposing wallet addresses or transaction hashes from the other side. Silo maintains a full encrypted audit trail behind every transaction. Sanctions screening and risk checks are applied automatically. The platform uses a three-tier verification system where higher verification unlocks lower fees and higher limits, while unverified users can still transact within defined thresholds. Silo is currently live on testnet across Ethereum, Sui, and Solana. Mainnet launch follows the completion of smart contract audits. Silo launches with a whitelisted set of assets on each chain, including major stablecoins and each chain’s native asset, with USDC as the settlement asset.