The API3 team announced via X on Saturday that the FDUSD/USD Exchange Rate is now available on the API3 Market.
The API3 team announced via X on Saturday that the FDUSD/USD Exchange Rate is now available on the API3 Market. $FDUSD is a 1:1 USD-backed stablecoin by FD Labs.
Thanks to this latest development, the new data feed is now available on 37 blockchain networks.
API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is trading at $1.335, up 1% 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.
