2023-03-03 14:30:00

Binance USD (BUSD) Market Cap Plummets, Here’s Why

BUSD stablecoin recorded some setbacks after the US SEC’s recent enforcement action on its issuer, Paxos. Aside from a plunge in trading volume, BUSD’s market capitalization has also plummeted significantly. Recent data shows that BUSD’s market capitalization has met a steep downturn, going from its $23.49 billion all-time high on November 15, 2022, to below

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