Circle Ventures portfolio company Parallax is focused on developing financial infrastructure to support digital economies in developing countries, leveraging the potential of crypto and blockchain technology to facilitate faster and cheaper cross-border payments. Inspired by the founder's upbringing in the Philippines, where crypto adoption is significantly impactful, Parallax aims to enhance financial access by bridging existing gaps in payment systems. Unlike other firms, Parallax seeks to minimize the emphasis on "crypto" itself, using it as a means to enable efficient global money movement, particularly through stablecoins. The company acknowledges challenges such as reliance on key partners for infrastructure but sees opportunities in integrating DeFi and traditional finance to enhance cross-border transactions. Parallax also emphasizes the systemic issue of gender disparity in venture capital funding, encouraging women founders to pursue their goals despite societal barriers. Looking forward, Parallax plans to introduce new products such as automatic currency conversions and payment requests to meet customer needs in the evolving landscape of decentralized finance.