Parallel

Capital-efficient, over-collateralized & decentralized stablecoins. Backed by yield-generating correlated assets | $USDp & $sUSDp | Governance Token: $PRL

[Parallel @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.

https://t.co/PW2h0tWy2o

[Parallel @ParallelMoney]

https://t.co/vblRUO2P88

[Parallel @ParallelMoney]

AI inference is priced per token, paid per call: Parallel x402 handles API calls whose price is only known after they run.

The agent signs a cap. The merchant charges the actual cost. An escrow refunds the rest in the same settlement. The merchant is paid in USDp. ⬇️

[Parallel @ParallelMoney]

https://t.co/4yH22OoBX0

[Parallel @ParallelMoney]

Parallel CLI transaction commands never touch a private key unless you pass --wallet.

Without it, nothing signs. Add --dry-run, and the command prints the unsigned transaction instead.

Learn more about every command ⬇️

[Parallel @ParallelMoney]

https://t.co/TPO8urUthm

[Parallel @ParallelMoney]

When an agent pays for an API call and the API fails, Parallel x402 charges it nothing.

The payment settles only after your handler returns a success.

Discover how the full flow works ⬇️

[Parallel @ParallelMoney]

https://t.co/GCheogc76a

[Parallel @ParallelMoney]

https://t.co/xOFIM7BxOx

[Parallel @ParallelMoney]

@OctavFi 🫱🏽‍🫲🏾

[Parallel @ParallelMoney]

The vote closed on November 4 with 100% in favor.

Proposal: https://t.co/sBERQMV0x0

Vote results: https://t.co/3KlwPgz8SC

[Parallel @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. ⬇️

[Parallel @ParallelMoney]

USDp stays live on Ethereum, Base, Avalanche, HyperEVM, Arbitrum, BNB Chain, Ink, Linea, Optimism, Plasma, Polygon, World Chain, X Layer, and Sonic.

[Parallel @ParallelMoney]

The deployed contracts match the final commit Bail Security reviewed.

The full report sits on the docs, next to every earlier audit of the protocol:
https://t.co/CXfi3Itsl0

[Parallel @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 @ParallelMoney]

Bail Security reported 46 findings: 11 medium, 34 low, and 1 governance note, none high.

We fixed 12 in v3.2.1, including changes to oracle updates and redemptions. The other 34 were acknowledged, and each one is documented in the report.

[Parallel @ParallelMoney]

https://t.co/WmQg6PgNRe

[Parallel @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 @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 @DIAdata_org]

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.

https://t.co/pdC1P5c37p