On Wednesday, the API3 team announced via X that the EURC/USD Exchange Rate is now available on the API3 Market.
On Wednesday, the API3 team announced via X that the EURC/USD Exchange Rate is now available on the API3 Market. $EURC is a euro-backed stablecoin issued by Circle that is always redeemable 1:1 for the euro. Developers can start using this new data feed across 38 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 $1.627, down 3% in the last 24 hours.
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.
