Declining Demand for Binance’s BUSD Represents New Chapter in Stablecoin Wars

by Jeremy

The market capitalization of BUSD – the variety of stablecoins excellent instances its worth, theoretically $1 – fell to an 11-month low of $16.4 billion on Jan. 3 from $22.1 billion initially of December, based on information by CoinGecko. BUSD remained the third largest stablecoin by market capitalization.

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