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Cryptocurrencies: 28644
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Cryptocurrencies: 28644
Markets: 116584
Market Cap: $2,436,697,908,746     
24h Vol: $109,845,975,901
Bitcoin.com 2023-02-19 23:30:35

Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Days

Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Days
Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Currently, Binance is the most active exchange trading BUSD tokens, and the stablecoin still commands roughly 10.7% of the crypto economy’s $67.71 billion in global trade volume over
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