A stablecoin’s rise in market share has ignited the ‘Second Great Stablecoin War’ Post author:MiamiCrypto Post published:October 24, 2022 Post category:Auto-Convert / BUSD / Coin Metrics / DAI / GUSD / Market Cap Share / tusd / USDC / USDP / USDT Since Binance announced it would auto-convert USDC, USDP and TUSD into BUSD on Sept. 6, BUSD’s share of the total stablecoin market has risen from 10.01% to 15.48%. You Might Also Like Paxful to Drop Ethereum Trading Due to Increased Centralization and Consensus Mechanism Pivot December 22, 2022 Circle’s USDC Emerges as Top Beneficiary of EU’s Push for Compliant Stablecoins July 9, 2024 Despite Overcollateralized Reserve, Tron’s USDD Stablecoin Slips to $0.974 per Token June 14, 2022
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