At Par is the clearinghouse for institutional stablecoin conversion: any coin to any coin or fiat, at the best price in the market.
Managing conversions across dozens of venues, hundreds of permutations, and endless operational complexity doesn't scale.
Exchange accounts needed for full coverage
Coin + chain permutations to manage
Lost on every extra conversion hop
"To convert USDC↔USDT↔PYUSD across chains, institutions must open accounts at every CEX and DEX, manage capital at each, negotiate fee tiers annually, and reconcile constantly. This doesn't scale."
The Solution
At Par aggregates liquidity from every major venue, so you get the best execution without the operational burden.
We route to the best venue for every trade, automatically.
We never trade with client funds. Your conversion is executed one-for-one in the market and settles straight to your wallet.
Single API, single invoice, single relationship.
Single API integration or white-glove onboarding
One request: any coin to any coin or fiat, at a single all-in price
We route across every venue and deliver to your wallet
Unified reporting across all transactions
Venue connectivity is live, trading our own capital. Client onboarding opens as our U.S. licensing lands; design partners are onboarding now.
Why Us
We built SFOX (YC S14) on the same model: aggregate liquidity, deliver best execution. SFOX has processed over $600B in volume. The same team is now applying that playbook to stablecoins, joined by go-to-market leadership from SFOX, Maple Finance and Top Hash, and advisors from Circle's earliest team, Fidelity Digital Assets and RockawayX.
Technical Cofounder, SFOX (YC S14)
Founder, Volta (#1 multi-sig on SEI & Stellar)
Built institutional trading infrastructure processing $600B+ in volume. Now bringing the same best-execution model to stablecoins.
For payment companies, fintechs, funds, and banks moving stablecoins at scale. Simple all-in pricing that grows with your volume; API docs and pricing on request.
Join the waitlist for institutional stablecoin infrastructure.