Hassan Maishera
On Sunday, the API3 team announced via X that the cbBTC/USD Exchange Rate is now available on the API3 Market. $cbBTC is Coinbase’s fully transferable wrapped BTC token, backed 1:1 by BTC stored securely at Coinbase.
Thanks to this latest development, API3 users can now use this new data feed to build on-chain products across 38 blockchains.
API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is trading at $1.724, up 3% in the last 24 hours.
