Pyth Network, a top provider of decentralized financial data, has launched the highly anticipated W/USD price feed and introduced the USDB stablecoin.

These updates are important for the network and will improve its abilities in the growing decentralized finance (DeFi) market.

The W/USD price feed offers real-time pricing information for the governance token $W of Wormhole, which is a popular platform for cross-chain bridges and applications. This addition cements Pyth's role as a key provider of accurate financial data across different ecosystems.

Alongside the W/USD price feed, Pyth has also unveiled the USDB stablecoin, which is the official stablecoin of Blast_L2. USDB has automated mechanisms for issuing stablecoins to both individual accounts and smart contracts, making it easier to use in decentralized applications and DeFi protocols.

Both the W/USD price feed and USDB stablecoin are now accessible on 50 blockchains, showing Pyth's dedication to making decentralized finance more available and inclusive.

These financial infrastructure components being available across multiple blockchains make it simple for them to be integrated into various DeFi protocols and applications.