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Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range

Post author:MiamiCrypto
Post published:March 3, 2023
Post category:Altcoins Blockchain BUSD BUSD supply Crypto Cryptocurrency cryptocurrency market DAI Decentralized depegging Digital Assets Digital Currency Digital Tokens Economy Finance Financial Technology fluctuation FRAX GUSD investment Market Capitalization Peer-to-peer Stablecoin Economy Stablecoin Tokens Stablecoins supply Terra Trading Volume tusd USDC USDD USDP USDT valuation Virtual Currency

The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion…

BUSD Sees $5 Billion Reduction in Supply in 24 Days, Relationship With Turkish Lira Continues

Post author:MiamiCrypto
Post published:January 6, 2023
Post category:Alameda Altcoins billion Binance bnb BTC BUSD Capitalization circulating Crisis Cryptocurrency currency DAI debt Dollar Altcoins drop ETH Exchange fluctuation ftx Gemini global GUSD makerdao market paxos redemptions SEC Speculation Stablecoin supply Tether Turkish USDC volume voyager

According to statistics, the stablecoin BUSD saw a significant drop in its supply over the past 30 days, shedding roughly 23.8% from Dec. 5, 2022, to Jan. 6, 2023. Since…