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The LBTC/USD Exchange Rate Launches on the API3 Market

Twitter icon  •  Published 7 hours ago on December 23, 2024  •  Hassan Maishera

On Saturday, the API3 team announced via X that the LBTC/USD Exchange Rate is now available on the API3 Market.

The LBTC/USD Exchange Rate Launches on the API3 Market

On Saturday, the API3 team announced via X that the LBTC/USD Exchange Rate is now available on the API3 Market. $LBTC is Liquid Bitcoin, a 1:1 BTC-backed, yield-bearing LST from Lombard Finance. Thanks to this latest development, the new data feed is now available on 40 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 $1.590, up 2% in the last 24 hours.

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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.