The AP13 team announced via X on Tuesday that the USDY/USD Exchange Rate is now available on the API3 Market. USDY is the premier tokenized US Treasuries product by Ondo Finance and acts as an alternative to stablecoins.
Thanks to this latest development, API3 users can now start using this new data feed to build on-chain products across 16 blockchains.
API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is currently trading at $4.159, up by 4% in the last 24 hours.