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The USDY/USD Exchange Rate Launches on the API3 Market

Twitter icon  •  Published il y a 2 mois  •  Hassan Maishera

The AP13 team announced via X on Tuesday that the USDY/USD Exchange Rate is now available on the API3 Market.

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.

Author

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.