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@ParallelMoney

Capital-efficient, over-collateralized & decentralized stablecoins. Backed by yield-generating correlated assets | $USDp & $sUSDp | Governance Token: $PRL
Parallel World app.parallel.best Joined June 2022
163 Following 1.5K Followers 2K Posts

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Parallel Verified account @ParallelMoney
We’re proud to announce that Parallel V3 is live, starting with USDp!

What’s new? A lot!

- A modular architecture for stablecoins issuance
- Depeg protection
- Native saving assets
- Crosschain by design
- and more.

blog.parallel.best/parallel-v3-is…
blog.parallel.best Parallel V3 Is Live: A Modular, Scalable & Decentralized Stablecoins Protocol Following the DAO’s approval of PIP-50, Parallel enters a new phase with the deployment of Parallel V3: a modular and scalable stablecoins protocol built for long-term resilience, decentralization,...
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Parallel Verified account @ParallelMoney
As PIP-71 passed, USDp and its Bridging Module will be sunset on 10 chains: Scroll, Gnosis, Sei, Berachain, Unichain, TAC, Fraxtal, Hemi, Plume, and Katana.

Holders on these chains have until February 2, 2027, to bridge their USDp to one of the 14 chains that stay live. ⬇️
USDp Sunset on 10 Chains. 90 Days to Bridge Your USDp Out. Deadline: February 2, 2027.
Parallel Verified account @ParallelMoney
@bailsecurity has completed an audit of Parallel's core contracts (v3.2.1). Thank you to their team; we always appreciate working with them. 🤝

No high-severity issues were found. The fixes are deployed, and v3.2.1 is live.

The report and the details are below. ⬇️
Parallel v3.2.1 is Live. Audit by Bail Security.
Parallel Verified account @ParallelMoney
The Parallel MCP server lets an AI assistant read USDp and sUSDp data and prepare transactions: 36 tools, one URL.

Ask it for the sUSDp savings rate or a mint quote on Base. Write tools return unsigned transactions you sign in your own wallet. ⬇️
Parallel Verified account @ParallelMoney
Seeing every stablecoin in one place, with its supply and peg history, helps the whole market. Good work from the @DIAdata_org team.

Glad to see Parallel and USDp on the map!
DIA · Blockchain Oracles Verified account @DIAdata_org 3d
The map

It lists every issuer and stablecoin with in-depth on-chain data, including peg status, supply, holder count, chains, and lending use for every coin.

diadata.org/map/global-sta…
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