Binance USD (BUSD) Market Cap Soared More Than $400 Million in May

BUSD joined USDC as one of the few cryptocurrencies that withstood the market crash of May which led to a steep decline in prices that saw billions of dollars wiped off the market. The post Binance USD (BUSD) Market Cap Soared More Than $400 Million in May appeared first on BeInCrypto.

Timeline of Binance-usd

Cryptocurrencies are risk assets, and the recent market crash shows how volatile they can be. While crypto assets are now more popular than ever, many investors are still skeptical about joining the industry, considering the unpredictable nature of the market.

The market value of stablecoins has been rising steadily in recent months. Amid a broader crypto market collapse, stablecoins gained further market share and now hold more than 15% of the total crypto market capitalization.

Major cryptocurrencies like Bitcoin and Ethereum can sometimes go up or down in double-digit percentages in a single day. As a result, most people associate cryptocurrencies with volatility.

BUSD HONEY is a project in the DeFi world developed in Smart Contracts under the Binance Smart Chain Blockchain network. It is intended for investors looking for a way to profit with the least possible risk.

The U.S. SEC Chair Gary Gensler criticized stablecoins and digital asset exchanges for trading against their customers. This criticism comes at a low point for the crypto market which is currently going through a rough patch.

BUSD, Binance's U.S. dollar-backed stablecoin, has been listed on Coinbase, one of the largest exchanges in the U.S. and globally. The listing will see BUSD open for access by Coinbase users and traded through the Ethereum network as an ERC-20 token.

Coinbase listed Binance's stablecoin BUSD which is the fourth largest stablecoin by market cap now available for trading on the Ethereum network so let's read more today in our latest Coinabse news. BUSD makes the eight stablecoin to be offered by Coinbase and joined Tether, USD Coin, DAI, Paxos Standard, TerrraUSD, Rai Reflex Index, and

A stablecoin created by the world's largest crypto marketplace just got a surprise listing from Coinbase. The leading US-based cryptocurrency exchange says that Binance USD (BUSD) trading pairs will be available on Coinbase Pro paired once appropriate liquidity conditions are met for Tether (USDT) and USD. Coinbase specifies that BUSD will function as an ERC-20 The post Coinbase Lists Binance USD (BUSD) While Adding Support for Privacy-Centric Ethereum Competitor on All Platforms appeared first on The Daily Hodl.