About Parabol USD
paraUSD is a fiat-backed stablecoin built on the Parabol Protocol, offering a revolutionary approach to yield generation in the stablecoin ecosystem. The protocol enables savers to access risk-free yields as a baseline through its innovative Reserve Stability Pool (RSP). Users can lend their paraUSD for specific time periods (like 28-day notes), earning both fixed income based on T-Bill rates and additional floating income derived from overnight repo market performance. Treasury departments can optimize cash management while maintaining security, and developers can easily embed these institutional-grade yields into their applications through Parabol's comprehensive APIs and SDKs. All positions are represented as NFTs that can be transferred across markets.
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Market Stats
Market Cap
€1.73K
FDV
Not enough data
Circ. Supply
2K PARAUSD
Max Supply
Not enough data
Total Supply
2K PARAUSD
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
€17.85K
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
Not enough data
Price Change (1Y)
Not enough data
Additional details
Market details
PARAUSD vs markets
↗ 0.32%
PARAUSD vs BTC
↗ 8.83%
PARAUSD vs ETH
↘ 34.81%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Base | 0x1f94d6A61973eDf53252b9E61c6250F303957b9D |
Price history
Time | Price | Change |
|---|---|---|
Today | €0.8474 | |
1 Day | €0.8467 | |
1 Week | €0.8504 | |
1 Month | €0.8616 | |
1 Year | €0.8802 |
FAQ
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Parabol USD calculator
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.


