Binance Stablecoin BUSD Falls Below $10 Billion Market Cap for First Time

by Aurelia Butler 3 March 2023, 19:30 129 Views

BUSD reached a peak market cap of $23.3 billion on November 16, 2022, following a consistent upward trajectory after its launch in September 2019. However, its market cap has dropped to $9.6 billion at publishing as tokens continue to be burned in light of the SECâs ruling.

The popular stablecoin…

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Source: Cryptocurrency - investing.com

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Binance Stablecoin BUSD Falls Below $10 Billion Market Cap for First Time

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