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Pyth Network Releases the USD0 and USD0++ Price Feeds

Twitter icon  •  Published 1 year ago on October 14, 2024  •  Hassan Maishera

On Friday, the Pyth Network announced via X that it had released its USD0 and USD0++ price feeds, now available on over 75 blockchains.

Pyth Network Releases the USD0 and USD0++ Price Feeds

On Friday, the Pyth Network announced via X that it had released its USD0 and USD0++ price feeds, now available on over 75 blockchains. Usual is a decentralized alternative to traditional fiat-backed stablecoins that offers a higher-quality stablecoin and empowers users with ownership rights via its governance token.

Euler Labs, Polynomial, and ZeroLend are all DeFi protocols that leverage the USD0 and USD0++ price feeds on Pyth. 

Pyth Network is an innovative decentralized oracle that sources financial market data from over 90 first-party publishers, including major exchanges and market-making firms worldwide. PYTH is up 1% in the last 24 hours and currently trades at $0.3285 per coin.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.