Bitcoin (BTC) $87,845.63 -0.94%
Ethereum (ETH) $2,982.94 -0.07%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 124.85186 -0.95%
Cardano (ADA) $0.34 -2.86%
Chainlink (LINK) $12.24 -1.42%
Litecoin (LTC) $77.49 -0.55%
Dash (DASH) $44.21 6.01%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 1.442115 -2.23%
X-CASH (XCASH) 2.0E-6 8.74%
Dogecoin (DOGE) $0.00 -3.34%

Cryptocurrencies: 28134

Markets: 116836

Market Cap: $2,974,353,777,177

24h Vol: $78,150,796,295

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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