Parabol
Parabol is a fiat-backed stablecoin protocol with native yields, live on Ethereum and Scroll.
What is Parabol?
Parabol is a stablecoin protocol that issues paraUSD, a fiat-backed stablecoin paired with a native yield mechanism for global users. Holders mint paraUSD by swapping any token across chains and pick a maturity to earn yield, while liquidity is bootstrapped via soulbound tokens on Scroll.
Web3 dapps and developer tools related to Parabol
Discover blockchain applications that are frequently used with Parabol.
Ape Finance
HypurrFi
GAIB
Reserve Protocol
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.
Cronos is now live on Alchemy
Alchemy has launched support for Cronos, a purpose-built settlement layer for stablecoins and tokenized assets. Connect via RPC and build with gasless transaction infrastructure.
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.
Parabol alternatives
Explore web3 competitors and apps like Parabol.
River Inc
Frax Finance
Aeroscrapper
Sweep ProtocolApp 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.
