From the team behind SFOX (YC S14)

Every digital dollar,
worth exactly one dollar

At Par is the clearinghouse for institutional stablecoin conversion: any coin to any coin or fiat, at the best price in the market.

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Stablecoin fragmentation is exploding

Managing conversions across dozens of venues, hundreds of permutations, and endless operational complexity doesn't scale.

30+

Exchange accounts needed for full coverage

100s

Coin + chain permutations to manage

5-10bps

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

One account. We handle the rest.

At Par aggregates liquidity from every major venue, so you get the best execution without the operational burden.

Aggregated Liquidity

We route to the best venue for every trade, automatically.

Matched-Principal Execution

We never trade with client funds. Your conversion is executed one-for-one in the market and settles straight to your wallet.

One Integration

Single API, single invoice, single relationship.

How it works

1

Connect

Single API integration or white-glove onboarding

2

Convert

One request: any coin to any coin or fiat, at a single all-in price

3

Settle

We route across every venue and deliver to your wallet

4

Reconcile

Unified reporting across all transactions

Live today. Expanding fast.

Venue connectivity is live, trading our own capital. Client onboarding opens as our U.S. licensing lands; design partners are onboarding now.

Exchanges

  • Coinbase
  • Kraken
  • Binance
  • Bullish (coming soon)
  • OKX (coming soon)

Stablecoins

  • USDC
  • USDT
  • PYUSD
  • + more coming

Chains

  • Ethereum
  • Tron
  • Solana
  • Polygon (coming soon)

Why Us

Built by infrastructure veterans

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.

YC S14 Alumni $600B+ Traded at SFOX Compliance-First
GM

George Melika

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.

Ready to simplify stablecoin operations?

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.

Or schedule a call with our team