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Binance Stablecoin BUSD Loses $2 Billion in Market Cap in a Month – What’s Going On?

The Binance USD (BUSD) stablecoin continues to lose ground versus other stablecoins, and has over the past month lost as much as $2bn in market capitalization. At its low on Wednesday this week, BUSD’s market cap touched...

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Binance Stablecoin BUSD Loses $2 Billion in Market Cap in a Month – What’s Going On?
The Binance USD (BUSD) stablecoin continues to lose ground versus other stablecoins, and has over the past month lost as much as $2bn in market capitalization.
At its low on Wednesday this week, BUSD’s market cap touched $15.3bn, down more than $2bn compared to the $17.5bn market cap it had on the same date in December....
Read More: Binance Stablecoin BUSD Loses $2 Billion in Market Cap in a Month – What’s Going On?

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