<ul><li>Cross-chain oracles act as bridges between decentralized networks and the real world, enabling communication between chains.</li><li>They provide data to multiple blockchains, supporting interoperability and use cases across ecosystems.</li><li>Leading cross-chain oracle providers include Chainlink CCIP, Band Protocol, API3, Witnet, and UMA, each with its own architecture and supported chains.</li><li>Use cases for cross-chain oracles span across DeFi, insurance, gaming, cross-chain governance, and stablecoin issuance, enhancing the reliability and composability of decentralized services.</li></ul>

Cross-Chain Oracles Explained

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