Il valore di $BUSD di Binance vede la capitalizzazione di mercato precipitare di $ 2 miliardi mentre la quota di mercato di Tether aumenta

La stablecoin del principale exchange di criptovalute Binance, $BUSD, ha visto la sua capitalizzazione di mercato crollare di $ 2 miliardi dopo che sono emerse notizie sulla sua passata cattiva gestione, in un momento in cui il $USDT di Tether ha visto aumentare la sua quota di mercato nello spazio delle stablecoin. Secondo i dati disponibili, l'offerta circolante di BUSD è scesa a $15.

Timeline of Binance-usd, Tether

Binance's BUSD stablecoin market cap has dropped by $2 billion in January after the reveal of a poor management instance. According to crypto price tracker CoinGecko, the market cap of BUSD decreased to $15.4 billion.

BUSD's circulating supply fell to $15.4 billion on Wednesday, paring down $1 billion over the past week and $2 billion in a month, according to cryptocurrency price tracker CoinGecko.

Following directives from the Ontario Securities Commission (OSC), Crypto.com has announced its plans to delist USDT from its platform for all users in Canada. The January 31st deadline was made public to Crypto.com users in Ontario, sparking wide FUD on the fate of the world's largest stablecoin.

Tether USDT processed $18.2 trillion worth of transactions in 2022, ahead of traditional payment processors like Visa and Mastercard. The post Tether's 2022 Settlement Volume Flips Visa and Mastercard appeared first on BeInCrypto.

Since an 11 January report revealed Tether's [USDT] plans to delist from the Canadian market, the stablecoin has become the subject of Fear, Uncertainty, and Doubt (FUD). Tether, however, continued to attract interest from sharks and whales despite the latest update until press time.

In December, the Canadian Securities Administrators (CSA) announced strengthening its approach to oversight of crypto trading platforms by expanding existing requirements for platforms operating in Canada. 

Crypto.com has announced that it will no longer facilitate transactions that feature USDT as it looks to comply with the latest regulations issued by the Ontario Securities Commission (OSC).  The move to delist USDT comes after Canadian authorities outlined their commitment to more robust oversight of exchanges following the collapse of FTX.

Crypto asset exchange and wallet provider Crypto.com has announced that it will delist Tether, the world's leading stablecoin, for Canadians. The post Crypto.com to Delist Tether in Canada to Satisfy Updated Crypto Regulations appeared first on BeInCrypto.

Binance's stablecoin was reportedly undercollateralized at times during 2020 and 2021. Bloomberg reported Tuesday (Jan. 10) that the Binance-Peg BUSD reserves were at three separate times missing collateral of as much as $1 billion.

Cryptocurrency exchange Crypto dot com will delist USDT and USDT trading pairs on its app and platform for residents in Canada on January 31 at 06:00 UTC, according to an email shared with the users of the jurisdiction. The post Crypto.com to delist USDT for Canadians appeared first on CryptoSlate.