Hassan Maishera
On Saturday, the API3 team announced via X that the USDS/USD Exchange Rate is now available on the API3 Market. $USDS is the next-gen stablecoin from Sky, fully backed and pegged 1:1 to USD.
Designed to scale, USDS fuels the growth of the open Sky ecosystem, making DeFi more rewarding. Thanks to this latest integration, developers can start building with this new feed across 40+ blockchains.
API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is trading at $0.907, up 4% in the last 24 hours.
