Silver Scott Mines (OTC: SILS) Releases Major Update in its Seedless Wallet Program Powered by Crossmint and Silver Scott Digital (SSD)

Rhea-AI Summary

Silver Scott Mines (OTC:SILS) has announced significant updates to its Seedless Wallet Program, a digital payment solution developed in partnership with Crossmint. The program aims to revolutionize traditional remittance services by offering instant digital asset transfers and storage.

The solution addresses key challenges in traditional remittance systems by providing instant access to stable digital assets, flexible currency conversion options, and a user-friendly interface without the typical complexity of crypto transactions. The platform will soon enable direct spending, merchant integration, and SILS reward opportunities.

The program positions SILS tokens as the core of this digital ecosystem, facilitating global value transfer through a self-sustaining loop of sending, receiving, saving, and spending.

Positive

• Development of user-friendly digital wallet solution without crypto complexity
• Partnership with established infrastructure provider Crossmint
• Potential for merchant integration and rewards program
• Solution for protecting against local currency inflation and depreciation

Negative

• Early stage development with key features still pending implementation
• Operating in highly competitive digital payments market
• No specific timeline provided for full feature rollout

FRANKLIN, NEW JERSEY / ACCESS Newswire / September 18, 2025 / Silver Scott Mines, Inc. (OTC Pink:SILS) today announced a major update to its Seedless Wallet Program, a next-generation cross-border payments and digital asset wallet solution. The program leverages Crossmint's industry-leading wallet infrastructure combined with SILS-backed tokenization to deliver a seamless, secure, and user-friendly alternative to traditional remittance services.

The Problem (Old Way)

Millions of people worldwide still rely on outdated cash-based remittance systems. Funds must often be collected in person, in local currencies that steadily lose value, forcing recipients to endure long lines and costly fees.

The Solution (Powered by Crossmint + SSD)

Silver Scott Mines' Seedless Wallet Program provides a digital-first experience that solves these challenges:

• Instant Access: Recipients instantly receive and store value in stable digital assets.

• Flexible Conversion: Users can convert to local currency only when needed, helping protect against inflation and currency depreciation.

• Spend & Earn: Wallet holders will soon be able to spend balances directly, integrate with local merchants, and earn SILS rewards.

• No Complexity: No passphrases, no gas fees, and no crypto learning curve. Just a seamless, mobile-first experience.

SILS at the Core

Unlike legacy remittance providers, the Seedless Wallet Program is not merely an overlay of existing financial systems - it is a bridge into a new digital ecosystem. Powered by SILS, the platform creates a self-sustaining loop where users can send, receive, save, spend, and grow value globally.

"With the Seedless Wallet, we're solving a real-world pain point for underserved communities. This program puts SILS at the heart of financial empowerment - it will bring instant settlement, borderless access, and long-term stability to people who need it most," said Stuart Fine, CEO of Silver Scott Mines.

About Silver Scott Mines, Inc.

Silver Scott Mines, Inc. (OTC Pink: SILS) is a diversified technology and software development company with interests in digital asset infrastructure, tokenized natural resources, fintech innovation and healthtech solutions. Through strategic development and acquisitions, the Company aims to build shareholder value across traditional and emerging sectors.

Learn more about our ETF platform: www.YourCryptoETF.com

Learn more about our seedless crypto wallet: www.seedlesswallet.com

Trade crypto here: www.silverscottexchange.com

Other sites owned by SILS: www.silverscotttoken.com | www.peachhim.com | Trustnft.io | www.eggplanther.com | www.rivalmemecoins.com

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially due to factors discussed in the Company's filings and other public disclosures. The Company undertakes no obligation to update any forward-looking statements, except as required by law.

Contact:

Stuart Fine
CEO
Silver Scott Mines, Inc.
908-356-9852

SOURCE: Silver Scott Mines, Inc.

View the original press release on ACCESS Newswire

FAQ

What is Silver Scott Mines' (OTC:SILS) Seedless Wallet Program?

The Seedless Wallet Program is a digital payment solution that offers instant transfers and storage of digital assets, featuring flexible currency conversion and a user-friendly interface without crypto complexity.

How does SILS Seedless Wallet differ from traditional remittance services?

Unlike traditional services, it offers instant digital asset access, flexible currency conversion, protection against inflation, and eliminates the need for in-person collection and long wait times.

What features will be available in the SILS Seedless Wallet?

The wallet will offer instant access to digital assets, flexible currency conversion, direct spending capabilities, merchant integration, and SILS rewards earning opportunities.

Who is partnering with Silver Scott Mines for the Seedless Wallet Program?

Silver Scott Mines has partnered with Crossmint to leverage their industry-leading wallet infrastructure for the program.

How does the SILS token integrate with the Seedless Wallet Program?

SILS tokens serve as the core of the ecosystem, enabling a self-sustaining loop where users can send, receive, save, spend, and grow value globally.