Key Highlights
- Sivar is built on Modveon’s Verified Operating System, combining identity verification, trusted connections, communities, payments and AI-powered services.
- Eligible US residents can send money to verified recipients in El Salvador for a flat $2 fee, regardless of the transfer amount.
- The platform was refined through a pre-launch rollout involving more than 25,000 Salvadorans.
Sivar Combines Identity Verification, Communities and Payments
Sivar is built around Modveon’s Verified Operating System, a platform that brings together verified identity, trusted connections, communities, payments and AI-powered services. In El Salvador, users can verify their accounts with their national identity card, helping establish verified profiles within the service.
The platform also allows Salvadoran users to join communities based on geography or interests. Users can follow official government announcements and take part in live discussions and town halls, giving Sivar a community and public-information role alongside its payment services.
Sivar Offers $2 Transfers to Verified Recipients in El Salvador
Sivar offers eligible US residents a flat $2 fee for sending money to verified recipients in El Salvador, regardless of the transfer amount. The company said the service is designed to support transfers between the United States and El Salvador through a verified recipient network.
The service is integrated with Coinbase. Users can fund transfers through Coinbase Onramp using US bank accounts or debit cards, while the transfers settle in stablecoins on Base. This links Sivar’s remittance offering with Coinbase’s funding infrastructure and the Base blockchain network.
Platform Tested With More Than 25,000 Salvadorans
Modveon said Sivar was refined through a pre-launch rollout involving more than 25,000 Salvadorans. The rollout provided a testing phase for the platform’s identity, community, government-information and payment features before broader use.
Why This Matters
Sivar’s model brings several digital services into one verified platform: identity confirmation, community participation, access to official announcements and cross-border payments. Its $2 flat-fee transfer option, Coinbase integration and stablecoin settlement on Base are central elements of the service’s approach to sending money to verified recipients in El Salvador.
The pre-launch participation of more than 25,000 Salvadorans indicates that the platform was developed and refined with substantial input from users in its target market. The next stage described in the source is the continued use of Sivar’s integrated services following that pre-launch rollout.
Frequently Asked Questions
What is Sivar?
Sivar is a platform built around Modveon’s Verified Operating System. It combines verified identity, trusted connections, communities, payments and AI-powered services.
How much does Sivar charge for eligible US-to-El Salvador transfers?
Sivar offers a $2 flat fee for eligible US residents sending money to verified recipients in El Salvador, regardless of the transfer amount.
How are Sivar transfers funded and settled?
Users can fund transfers through Coinbase Onramp from US bank accounts or debit cards. The transfers settle in stablecoins on Base.