Blockchain Oracle Pyth Network Gains B2C2 Market Data Contribution
B2C2 has joined Pyth Community, a blockchain oracle agency, to offer proprietary pricing information. The transfer goals to enhance the accuracy and depth of the community’s international value layer. B2C2’s information comes from actual trades executed by way of its connections with banks, hedge funds, and exchanges worldwide.
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Earlier, B2C2 introduced an integration of OpenPayd’s embedded finance instruments into its immediate settlement community. The partnership is designed to simplify fiat forex transactions for institutional purchasers, supporting quicker and extra environment friendly commerce settlements.
The newest collaboration targets inefficiencies in digital asset markets. Pricing info stays fragmented throughout venues and jurisdictions.
Most contributors nonetheless depend on third-party aggregators that compile trade information after trades are executed. This strategy could cause delays, cut back transparency, and enhance prices.
Conventional Liquidity Integrates with Blockchain Infrastructure
Pyth Community distributes over 2,000 stay value feeds throughout crypto, equities, commodities, and international trade. These feeds help greater than 600 decentralized purposes throughout over 100 blockchains.
B2C2 joins greater than 125 institutional contributors to Pyth Community. The partnership displays the rising integration of conventional liquidity suppliers with blockchain infrastructure as institutional adoption of digital belongings expands.
