Bitcoin (BTC) $81,296.00 3.03%
Ethereum (ETH) $2,296.93 2.55%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 93.075089 2.75%
Cardano (ADA) $0.27 2.95%
Chainlink (LINK) $10.65 5.72%
Litecoin (LTC) $58.09 2.91%
Dash (DASH) $45.94 4.83%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.906797 2.11%
X-Cash (XCASH) 7.0E-6 -0.50%
Dogecoin (DOGE) $0.00 -0.51%

Cryptocurrencies: 28943

Markets: 114116

Market Cap: $2,700,456,032,191

24h Vol: $93,275,432,026

CoinDesk

2023-01-05 18:27:28

Declining Demand for Binance's BUSD Represents New Chapter in Stablecoin Wars

Declining Demand for Binance's BUSD Represents New Chapter in Stablecoin Wars

The largest crypto exchange’s Binance USD stablecoin endured $5.5 billion net redemptions in a month amid concerns about Binance. Top rivals USDT and USDC picked up market share.

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