Parabol
Infrastructure
Yield-Bearing
Secure Treasury Yields: Where Stability Meets Profitability
Founders
Emre Colakoglu (Co-Founder & CEO)
Launch Date
2023
Key Investors
About
Parabol is a fiat-backed stablecoin protocol offering paraUSD, a USD-pegged stablecoin fully backed by U.S. Treasury Bills and overnight repurchase agreements. The platform provides risk-free high yields through its Reserve Stability Pool, where users can lock paraUSD for set terms and receive both fixed and floating returns. With developer-friendly APIs and SDKs, Parabol enables businesses, developers, and treasuries to seamlessly integrate high-yield capabilities, optimize treasury management, and enhance user engagement while ensuring complete security and transparency.
8.26%
APY earned with paraUSD
1K
paraUSD lending principal
Use Cases
- Developer Integration - Integrate paraUSD into apps through APIs/SDKs for accessing high-yield opportunities.
- Business User Engagement - Offer paraUSD to customers for effortless earnings through the platform.
- Treasury Management - Utilize paraUSD for stable, risk-free yields secured by U.S. Treasury Bills.
- Savings Account Alternative - Lock paraUSD for a set period to earn rewards and interest.
paraUSD Features and Functionality
- paraUSD is a USD-pegged stablecoin
- It is backed by U.S. Treasury Bills and overnight repurchase agreements
- It can be obtained through exchanges or minted after completing KYB (Know Your Business) verification
- It offers a yield mechanism that provides both fixed and floating returns
- It is EU-issued
Integration and Use Cases
- Parabol offers developer-friendly APIs and SDKs for integrating paraUSD
- paraUSD can be used by businesses to offer high yields to their customers
- Treasuries can use paraUSD for stable, risk-free yields backed by U.S. Treasury Bills
- It can be integrated to enhance treasury management
- It can be used to provide liquidity on DEXs
Trusted by
