Binance and Paxos-Backed Stablecoin BUSD's Market Cap Climbs 22% in 2 Months – Altcoins Bitcoin News

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Since August 14, 2022, $BUSD’s market capitalization has grown 22.88% higher from $17.7 billion to today’s $21.78 billion. Stablecoins

is one of three stablecoins that happens to be situated in the top ten crypto market capitalization positions. At the time of writing, BUSD holds the seventh largest market valuation out of more than 13,000 listed crypto assets today.issued monthly on the Paxos website.

The attestations are written by the independent third-party accounting firm WithumSmith+Brown.had a market cap just over the $440K mark on September 27, 2019. Since that day, BUSD’s market valuation has swelled by 4,946,036% in 1,120 days. For comparison, tether’s market cap jumped 1,823% and usd coin’s valuation jumped 10,177% in the same 1,120 days.

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They gain a lot of it by delisting USDC from Binance. Can't say it's a bad thing, I think other exchanges should do the same.

Still better to stay with tether tho.

BUSD’s doing a lot better than USDC lately for sure. It’s balance just going down

Bo surprises here. Since Binance converted most of stables into its own..But the point here there is only one stablecoin left and it’s $USDT. Because everyone needs stability.

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