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Thursday, August 8, 2024
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    HomeFinanceBUSD drops to fourth place amongst stablecoins

    BUSD drops to fourth place amongst stablecoins

    Binance USD pegged to the US greenback (BUSD) stablecoin now ranks fourth in market capitalization amongst different stablecoins after shedding greater than $1 billion prior to now 30 days. USD, based on information from CoinMarketCap. reveals.

    On the time of writing, BUSD has a market cap of $4.3 billion. USD, which is 29% lower than 5.54 billion. USD Could 18 Secure coin worth has been declining since 2022. in December, when its market worth exceeded 23 billion. USD.

    High Stablecoins by Market Cap as of June 17 Supply: CoinMarketCap
    BUSD market share over 12 months. Supply: CoinMarketCap.

    Proceed studying Coin Telegraph.

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