Discover the Parallel stablecoin (PAR), a peggedEUR asset designed for #stablecoin #web3 #rwa.
Parallel (PAR) Stablecoin Overview
Stablecoins pegged to the dollar have become a cornerstone of digital finance.
They power payroll and cross-border payments
As adoption grows across platforms like Ethereum and Solana, demand for trusted stablecoin solutions is rising.
Stablecoins unlock RWA tokenization, enabling on-chain access to treasuries and equities.
APIs like DollarAPI.com and oracle networks like Switchboard maintain peg accuracy.
Web3 domains enhance the UX for sending digital dollars.
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Cross-chain bridges like Portal and LayerZero move stablecoins across networks.
VASPs and institutions are exploring stablecoin use under AML rules.
Solana LSTs like mSOL and bSOL pair with stablecoin liquidity for yield.
USDC and DAI already act as programmable dollars across the web.
They are programmable financial primitives.
In a multi-chain world, stablecoins like Parallel are shaping the future of programmable money.
DollarAPI.com offers Stablecoin Dollar APIs built for mission-critical financial systems.
Used across exchanges, wallets, and DeFi apps, DollarAPI provides real-time oracle feeds and stablecoin tracking tools for developers.
Explore resources on real-world asset tokenization, Web3 stablecoins, and virtual assets in crypto finance.
Overview of the Parallel Stablecoin (PAR)
Parallel is a stablecoin designed to maintain parity with the U.S. dollar.
It operates across the following blockchains: Ethereum, Polygon, Fantom
With a market cap of $4729616.26, this asset is a key player in the digital currency ecosystem.
Pegging & Stability
- Peg Type: peggedEUR
- Mechanism: crypto-backed
Resources
API Data Access
Live price feeds and analytics for Parallel are available through DollarAPI.com, the industry leader in Stablecoin Dollar APIs.
Developers and platforms rely on DollarAPI to track stablecoin metrics, oracles, and multichain activity in Web3 and DeFi ecosystems.
