La caída de la capitalización de mercado de BUSD del 80% en 2023 genera preocupaciones de colapso inminente
El destino de Binance USD (BUSD), la moneda estable introducida por Binance, pende de un hilo ya que su capitalización de mercado ha experimentado una disminución significativa de más del 80 % en 2023. Desde noviembre de 2022 hasta junio del año en curso, la capitalización de mercado de BUSD se ha desplomado de USD23 mil millones a USD4 mil millones.
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Binance USD (BUSD) Faces Steep Market Decline Amid Legal Challenges and Regulatory Scrutiny - Tokenpost
Drawing from recent data, Binances dollar-tied stablecoin, Binance USD (BUSD), is grappling with a precipitous fall in market value. Positioned fourth among other stablecoins in terms of market capitalization, it has experienced a billion-dollar decrease in just one month.
Dai Flips BUSD To Become Third-Largest Stablecoin As Binance Stares Down Mounting Legal and Regulatory Setbacks - The Daily Hodl
A rival of Binance USD (BUSD) has flipped the dollar-pegged asset to become the third-largest stablecoin in the world. New data reveals that Dai (DAI), the stablecoin issued by MakerDAO, has surpassed BUSD as Binance, the world's largest crypto exchange platform by volume, struggles with mounting legal issues and regulatory setbacks.
DAI surpasses BUSD to become the third-largest stablecoin - Cryptopolitan
MakerDAO's DAI has surpassed Binance USD (BUSD) to become the third-largest stablecoin by market capitalization. With a current market valuation of approximately $4.394 billion, DAI has now taken the coveted position, while BUSD's market capitalization stands at around $4.609 billion at the time of writing.
DAI Emerges as Third-Largest Stablecoin, Overtaking BUSD in Market Capitalization - Bitcoin
Makerdao's DAI stablecoin is now the third-largest stablecoin by market capitalization, surpassing Binance USD (BUSD), which has officially declined to $4.304 billion. DAI's market valuation on Friday, June 16, 2023, is approximately $4.394 billion, but the number of circulating DAI has decreased by 5.7% since last month.
Binance Delists 8 BUSD Trading Pairs - UToday
Binance, the world's leading cryptocurrency exchange by trading volume, has announced the delisting of eight BUSD trading pairs from its margin trading platform. The move comes amid intensifying regulatory scrutiny and recent issues with the exchange's native token, BNB.
Stablecoin Economy Shrinks by $7.3 Billion in 2023, USDC and BUSD Record Mass Redemptions - Bitcoin
From the beginning of this year, the crypto economy has surged by 41.77%, reaching a current market capitalization of $1.17 trillion. However, amidst this growth, the stablecoin economy experienced a substantial loss of $7.3 billion within a span of 140 days.
BUSD Transactions Sink To 2021-Low - EWN
The number of wallets sending and receiving BUSD transfers slumped to a new two-year low on May 2, data from Glassnode showed.Declining trading activity comes after U.S. regulators cracked down on stablecoin issuer and crypto trust company Paxos.The Binance-branded token slumped further as protocols, investors, and platforms lost faith in the stablecoin.Meanwhile, Tether's USDT dominance over the stablecoin market strengthens while rival issuers navigate regulatory scrutiny and banking debacles. Binance USD (BUSD) transactions dipped to a fresh two-year low on May 2, 2023 months after regulatory scrutiny and widespread loss of faith punctured the stablecoin's market cap.
With Close to 10 Billion Stablecoins Redeemed, BUSD's Supply Drops to Lowest Level Since April 2021 - Bitcoin
Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 billion, marking the lowest number of BUSD in circulation since April 2021. Furthermore, data indicates that the supply of BUSD has shrunk by 19.8% over the past 30 days.
Shiba Inu (SHIB) Overtakes BUSD Market Cap, Eyes LTC Next - UToday
Dogecoin rival Shiba Inu (SHIB) has surpassed Binance USD (BUSD) in market capitalization, moving into the 14th spot on CoinGecko's rankings. It currently has a market cap of $6.8 billion as of Apr. 16.
Binance Will Convert $1 Billion in BUSD to Standard Cryptos - LiveBitcoinNews
Binance – the world's largest and most popular digital currency exchange – is converting more than $1 billion of its stable currency BUSD (Binance USD) into bitcoin, Ethereum, and various other digital assets.