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bitcoin
Bitcoin (BTC) $ 64,857.38
ethereum
Ethereum (ETH) $ 3,552.78
tether
Tether (USDT) $ 0.999487
bnb
BNB (BNB) $ 597.26
usd-coin
USDC (USDC) $ 0.999986
xrp
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binance-usd
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dogecoin
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cardano
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matic-network
Polygon (MATIC) $ 0.574929
polkadot
Polkadot (DOT) $ 5.78
tron
TRON (TRX) $ 0.115776
bitcoin
Bitcoin (BTC) $ 64,857.38
ethereum
Ethereum (ETH) $ 3,552.78
tether
Tether (USDT) $ 0.999487
bnb
BNB (BNB) $ 597.26
usd-coin
USDC (USDC) $ 0.999986
xrp
XRP (XRP) $ 0.492227
binance-usd
BUSD (BUSD) $ 0.973743
dogecoin
Dogecoin (DOGE) $ 0.121716
cardano
Cardano (ADA) $ 0.382954
solana
Solana (SOL) $ 135.19
matic-network
Polygon (MATIC) $ 0.574929
polkadot
Polkadot (DOT) $ 5.78
tron
TRON (TRX) $ 0.115776
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    Binance Stablecoin BUSD Falls Under $10 Billion Market Cap for First Time

    Latest News

    • BUSD has shed greater than 50% of its market cap since maxing out at its all-time excessive of $23.4 billion.
    • BUSD’s market cap is in freefall, and there’s presently no approach for it to show round.
    • Regardless of regulatory strain on Stablecoins within the U.S., different Greenback-pegged tokens are gaining market cap share.

    Following the SEC’s issuance of a Wells discover to BUSD issuer Paxos, and subsequent demand to stop minting the stablecoin, BUSD’s market cap has been in freefall.

    BUSD reached a peak market cap of $23.3 billion on November 16, 2022, following a constant upward trajectory after its launch in September 2019. Nevertheless, its market cap has dropped to $9.6 billion at publishing as tokens proceed to be burned in gentle of the SEC’s ruling.

    The favored stablecoin…

    Proceed Studying on DailyCoin

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