Licensed rails.
Parallel operates in partnership with Cybrid Technology Inc. and its partner financial institutions. KYB, KYC, custody, and payouts run through licensed infrastructure — not on top of it.
Parallel is in private beta
Global banking and payments for modern businesses
Treasury optimization, instant settlement, lower fees, borderless, 24/7.
Total balanceBusiness · USD
$1,247,832.50
USD$842,019.30
USDC$405,813.20
The way money should move
Set up an account, fund it, send instantly to anyone in the world.
01
New account
Choose account type
USD accountFDIC-insured
USDC walletSelf-custodied
Set up an account.
Sign up and choose how you want to operate: a USD account backed by an FDIC-insured partner, a USDC wallet, or both side by side. Onboarding runs through our licensed partner; your team is set up in minutes.
02
Recipient
Sam ReynoldsContractor · Mexico · MXN
Payment cadence
One-offSend once
Recurring monthlyOn the 1st
Custom scheduleSet your own
Fund and configure.
Deposit USD and convert to USDC whenever you need to. Add the counterparties you pay — vendors, contractors, anyone — and set how you want to pay each one. One-off, recurring monthly, or scheduled on your own cadence.
03
Payment sent$2,400.00
Sam ReynoldsContractor · Mexico · MXN
Settled2026-04-28 · 14:09:21
Send.
Send the payment. Settlement is near-instant and effectively feeless. The recipient receives in the form they chose, and the payment shows up in your dashboard with full status and history.
For businesses
Everything your business needs to operate with clarity.
Parallel brings together accounts, payments, and treasury workflows in one system built for modern finance teams.
Accounts
Compliant balances. Operational control.
Build your Parallel account around compliant USD and stablecoin balances with controls that make movement and risk easier to manage.
Business account — FDIC-insured USD operating account.
USDC wallet — Hold stablecoins alongside your USD balance.
Account controls — Set deposit, withdrawal, and transfer limits.
Business account$842,019.30
FDIC-insuredUSDC wallet$405,813.20
Self-custodiedAccount controls
Daily transfer limit$50,000
Single payout limit$25,000
Two-person approvalOn
Payments
Send anywhere. Receive anywhere.
Send and receive money globally — to businesses, vendors, contractors, or individuals — with workflows that fit how finance teams actually operate.
Global payouts — Send one USD payment, recipient picks how to receive.
Invoice management — Receive, review, and approve invoices in one place.
Payment scheduling — Automate recurring runs on your own cadence.
New paymentMX
Sam ReynoldsContractor · Mexico
Amount
$2,400.00USD
Recipient receives in
MXNUSDC
Treasury
Visibility across every rail.
Get the visibility and flexibility to manage balances, convert between rails, and keep finance operations in one place.
Dashboards & analytics — Real-time balances, payments, and cash flow.
Currency conversion — Move between USD and USDC instantly.
Treasury reporting — Structured exports for accounting and reconciliation.
Total balanceLast 30 days
$1,247,832.50+12.4%
Convert
USD
$50,000.00USDC
$49,990.001 USD = 0.9998 USDCSettles instantly
Why Parallel
A payment product built on modern rails.
Global by default.
Send to vendors, contractors, and partners in countries where traditional rails are slow, expensive, or simply do not work. Stablecoins reach places SWIFT struggles with, and Parallel handles the routing so your team does not have to think about it.
Transparent pricing.
A flat percentage on the converted amount. No per-contractor fees. No FX markups buried in the rate. The cost you see before you send is the cost.
Built for finance teams.
Approvals, roles, history, exports, and tax reporting. Stablecoins are the rail underneath; the experience on top is a clean payments product. Your team does not need to learn anything new.
Pricing details coming with launch. Flat percentage. No hidden FX.View pricing →
Trust & security
Real infrastructure, real licensing.
Sanctions and AML built in.
Every payment is screened against sanctions lists. Every counterparty is checked. Travel Rule data exchange and transaction monitoring are handled by our partner as the licensed party.
USDC is the rail, not the asset.
We use USDC, issued by Circle, to move money quickly and cheaply across borders. You hold USD. Recipients receive what they chose. Stablecoins do the work in between.
Private beta
Request access for your team.
We are onboarding a small group of businesses and finance operators. Tell us about your workflow and we will follow up directly.
Signing up for yourself? Sign up as an individual.