On Tuesday, the API3 team announced via X that the wsrUSD/rUSD pair is now available on the API3 Market. The Reservoir ratio (wsrUSD → rUSD) is now powered by Api3DAO oracles across over 40 chains.
API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is trading at $0.7628, up 0.9% 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.
