The Binance USD pegged to the US greenback (BUSD) stablecoin now ranks fourth in market capitalization amongst different stablecoins, after dropping greater than $1 billion prior to now 30 days, in response to knowledge from CoinMarketCap present.
On the time of writing, the market capitalization of BUSD stands at $4.3 billion, down 29% from $5.54 billion on Might 18. The stablecoin has been on a downward development since December 2022, when its market capitalization exceeded $23 billion.
Proceed studying on Coin Telegraph
