Hylé

Hyli is a settlement Layer 1 for compliant stablecoins and tokenised assets that separates execution from verification: application logic runs off-chain in Rust or Noir, a blob committing to the post-transaction state is sequenced with a timestamp and guaranteed block position, and a proof transaction follows, with validators checking proofs natively instead of running a VM. Consensus is Autobahn, splitting data dissemination from finality; proofs can come from SP1, RISC0 or Noir and compose across contracts, identity can be defined by any contract, and selective disclosure maps to MiCA requirements.

It serves issuers that need privacy without losing auditability: transaction detail stays off the public ledger while a regulator can decrypt named fields under authorisation, unlike fully public general-purpose chains or pure privacy chains. Finality depends on proofs arriving before their deadline, missed proofs require re-sequencing, and proofs are generated on the application side before submission.