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The AUSD/USD Exchange Rate Launches on the API3 Market

Twitter icon  •  Published 1 year ago on October 17, 2024  •  Hassan Maishera

On Wednesday, the API3 team announced via X that the AUSD/USD Exchange Rate is now available on the API3 Market.

The AUSD/USD Exchange Rate Launches on the API3 Market

On Wednesday, the API3 team announced via X that the AUSD/USD Exchange Rate is now available on the API3 Market. $AUSD is the first fully collateralized digital dollar minted 1:1 with USD fiat by Agora. Developers can start using this new data feed across 39 blockchains today.

API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is trading at $1.406, down 1% in the last 24 hours.

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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.

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