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    HomeCrypto Finance

    BUSD falls to fourth place amongst stablecoins

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

    On the time of writing, the BUSD market cap stands at $4.3 billion, down 29% from $5.54 billion on Might 18. The stablecoin has been in a downward development since December 2022, when its market cap topped $23 billion.

    Prime stablecoins by market capitalization on June 17. Supply: CoinMarketCap
    BUSD market share in 12 months. Supply: CoinMarketCap.

    Proceed Studying on Coin Telegraph

    See also  Earlier than suing Coinbase, SEC requested it to commerce solely in bitcoin - FT
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