Stablecoin BUSD’s Supply Shrunk by 3.24 Billion in 3 Days, Market Cap Is Down 20% Since Last Month – Altcoins Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Stats show the stablecoin BUSD has seen its coins in circulation drop considerably during the last three days.

GUSD’s coins in circulation have dropped 25% lower during the last 30 days, which is 5% more than the reduction recorded by BUSD last month. GUSD’s reduction was not as drastic as BUSD’s as GUSD’s dollar-pegged tokens in circulation started to decline on Nov. 16, 2022. BUSD has seen $6.61 billion in 24-hour global trade volume and cryptocompare.com metrics show a great deal of BUSD pairs are swapped with tether today.

Binance is BUSD’s most active exchange on Dec. 16, 2022, and on Pancakeswap $2,896,034 in BUSD’s trades with tether have been recorded during the past 24 hours. At press time, out of the $851 billion crypto economy, BUSD’s market capitalization dominates by 2.184% on Friday. Out of the $140 billion stablecoin economy, BUSD is still the third largest dollar-pegged coin, equating to 13.271% of the entire stablecoin economy’s valuation. In addition to the BUSD coins in circulation statistics taken from coingecko.com,

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I'm in guys Lfg

$XEP has confirm partners, is a decentralized community with a promising future ElectraProtocol

USDT has the most liquidity anyway

Right now I prefer to use usdt. Because for me it is the most reliable stable coin.

News and big banks in their best mission, scare people

LOOK!! 👉 /CZHUGE.COM

THANKS!!! 👉🏽 /CZHUGE.COM

This is exactly why I only trust ChiefraFba for signals and analysis

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines