
Mimo
Mimo Labs builds decentralized stablecoin and DeFi products including Parallel (USDp), Aya wallet, and Kuma.

What is Mimo?
Mimo Labs is a DeFi lab on Ethereum that builds assets and tools to help retailers and businesses navigate varying market cycles. Launched in February 2021, its flagship product Parallel is a scalable, over-collateralized, and decentralized stablecoins protocol backed by yield-generating correlated assets, featuring USDp minting, earning, yield, bridging, and staking. Mimo Labs also develops Aya, a wallet product, and Kuma, expanding its ecosystem of DeFi tools. Users can mint and burn USDp at competitive rates across different chains.
Web3 dapps and developer tools related to Mimo
Discover blockchain applications that are frequently used with Mimo.
Developer resources from Alchemy

The enterprise stablecoin guide
A practical guide to using stablecoins in enterprise payments—covering why legacy rails fail, which stablecoin types and chains to choose, privacy considerations, and when (not) to issue your own.

Tempo Testnet is live on Alchemy: the payments-native blockchain
Tempo is a Layer 1 blockchain built specifically for institutional payments and stablecoins, featuring payment-optimized infrastructure, native account abstraction, and sub-second finality with Alchemy support.

How to scale to 30,000 requests per second. The story behind Usual's seamless airdrop
Usual aims to put ownership back in the hands of its users, by ensuring that value flows back to the community rather than concentrating at the top, paving the way for a fair and community-driven future for stablecoins and token-based finance.
Mimo alternatives
Explore web3 competitors and apps like Mimo.
App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.

