Parallel @ParallelMoney
Capital-efficient, over-collateralized & decentralized stablecoins. Backed by yield-generating correlated assets | $USDp & $sUSDp | Governance Token: $PRL app.parallel.best Parallel World Joined June 2022-
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Two more costs sit between an agent and a paid service: gas, and time. The rails take both off the table. On L2 gas is sponsored, so the fee that breaks micropayments is not passed on. Settlement is immediate, paid straight to the wallet. With cheapest-path routing and no-swap settlement, the pattern holds: overhead removed at each step, not reduced. None of it is the builder's problem: t.me/parallel_money
Parallel is on its third architecture. Each iteration moved toward one goal: a protocol that stands on its own economics, not on incentives that have to be funded forever. V3 is where that held. A stablecoin protocol live across 24 chains, audited and monitored around the clock. Same standard now shapes the agent payments work. The full story is in our latest article.
The cheapest swap is the one that never happens. Most of the cost in a small payment is the token swap, ~0.3% each time. The usual fix is a cheaper swap. The better one is to avoid it. When the path needs no swap, the rails take it, and that 0.3% is removed, not discounted. A meaningful share of payments qualify, and the facilitator finds them first. Small idea, large effect at scale: t.me/parallel_money
Every payment starts by finding the cheapest way to move it. An agent rarely holds the token a service wants. Paid naively that is a swap, ~0.3% plus gas, every time. At agent scale that is the margin. So the facilitator maps the paths and picks the cheapest in real time, by liquidity, gas, and pairs, per transaction. The case that matters most: no swap needed at all. The routing finds those: t.me/parallel_money
PGP-43, which proposes to perform an additional security audit of Parallel v3.2 by Bail Security, has been approved by the DAO. In accordance with the vote, @bailsecurity will conduct a new comprehensive audit of Parallel v3.2.
A proposal has been published on the governance forum to conduct an additional security audit of Parallel v3.2 by Bail Security to further strengthen protocol security and user trust. Read more ↓
A payment went request to settlement on testnet this week with no human anywhere in the path. Real on-chain transactions, not a mock. Months of work to make one boring thing happen on its own. Testnet, not production. The product is not live. But it moves, and the facilitator deploy configs are done. At the door, not through it. Early access is in our Telegram: t.me/parallel_money
This week, the part underneath: the rails that move the payment itself. Micropayments never worked because the cost of moving money was bigger than the money. A swap, gas, an exchange step, nothing on a large payment, fatal on a fraction of a cent. Parallel removes that overhead, not reduces it. Cheapest path per transaction, many payments need no swap, sponsored gas, immediate settlement. The builder never sees it. Deep dive on how it settles is live: t.me/parallel_money
Four weeks, one case: agents are becoming economic actors, payments hold them back, there is a supply side to build, and you can let agents pay without giving up control. That last part makes the rest usable. Autonomy you cannot bound is a liability. Autonomy inside a boundary you set is leverage. The wallet is the boundary, you hold it, the agent is free inside it. Autonomy you can actually control. Come build with us: t.me/parallel_money
One: ask for trust. Trust the agent behaves, the model will not do anything strange, the prompt covers every case. That is a promise, and promises fail quietly. Two: make stepping over the line structurally impossible. The agent cannot spend what is not in the wallet. The balance is not a rule it follows, it is a fact about the world. Trust as a property of the design, not a hope about behaviour. With us: t.me/parallel_money
Every system fails sometimes. What matters is how, and this one fails clean. Empty wallet, the agent stops. It does not borrow, overdraw, or keep charging. The worst case is it runs out of room to act: a pause, not a loss. Compare a shared card handed to an agent, where a retry loop can keep charging long after you would want it to stop. A boundary you cannot exceed beats a limit you hope holds. The edges, with us: t.me/parallel_money
Two roles, kept separate, is what makes agent spending work. The operator holds the wallet: you decide how much is in it, top up or stop anytime. The agent operates inside it: pays as it goes, no per-payment approval, no 3am sign-off on a four dollar charge. This is the opposite of being the human in the loop. You are not approving payments, you are setting the bound they happen within. You hold the wallet. The agent works inside it. Talk it through with us: t.me/parallel_money
The instinct is to ask for more controls: allowlists, category limits, daily caps, approval rules. We deliberately don't have that layer, and it is a safety decision. Every dial can be set wrong. Config layers are where failures live: the allowlist too broad, the cap never updated, the rule with an untested edge. So the control surface is one thing: the funded wallet. Nothing to misconfigure because there is almost nothing to configure. Why simple beats elaborate, with us: t.me/parallel_money
The boundary, in one line: the wallet you fund is the budget. Fund the agent's wallet with what you are willing to let it spend. That amount is the ceiling. The agent pays out of it automatically, and when it is empty it stops. No separate limit, no spending rule, no dashboard to police. The simplest boundary is the hardest to get wrong. A number you funded is not a setting that can be misconfigured. Set the ceiling by funding it. That is the control. Walk through it with us: t.me/parallel_money
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