BUSD falls to fourth place amongst stablecoins

The dollar-pegged Binance USD (BUSD) stablecoin sits now on the fourth place in market capitalization amongst different stablecoins following a dip of over $1 billion prior to now 30 days, information from CoinMarketCap reveals.

As of writing, BUSD market cap stands at $4.30 billion, down 29% from $5.54 billion on Could 18. The stablecoin has been in a downward pattern since December final yr, when its market cap topped $23 billion.

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