Binance USD stablecoin loses $2 Billion in a Month, Token Mismanagement to Blame?

The post Binance USD stablecoin loses $2 Billion in a Month, Token Mismanagement to Blame? appeared first on Coinpedia Fintech News The third largest stablecoin, Binnace’s BUSD, has seen its […]

The post Binance USD stablecoin loses $2 Billion in a Month, Token Mismanagement to Blame? appeared first on Coinpedia Fintech News
The third largest stablecoin, Binnace’s BUSD, has seen its circulating supply drop by a margin of $7 billion in less than a month. According to aggregate data provided by Coingecko, BUSD has a market capitalization of approximately $15,567,358,149 and a 24-hour trading volume of about $12,233,687,375. Mid-December BUSD enjoyed a market share of about $22 …