BUSD

With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021

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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 mil millones, marking the lowest number of BUSD in circulation since April 2021. Es más, data indicates…

Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum

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Los lunes, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be…

El flujo y reflujo de la economía de las monedas estables continúa con la caída de la capitalización de mercado de BUSD $10 Rango de mil millones

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El ámbito de las monedas estables es un panorama en constante evolución y la cantidad de monedas en circulación para la moneda estable BUSD ha caído por debajo del 10 mil millones de marcos a aproximadamente 9.68 mil millones en marzo 3, 2023. Sobre el último 30 días, BUSD’s token…

Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower

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Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Desde entonces, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. Mientras tanto, a data researcher from Nansen has discovered that Binance,…

Por poco 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Días

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Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Corrientemente, Binance is the most active exchange trading BUSD tokens, and the stablecoin still…

BTC, ETH, ADA, BNB Ranked the Most Watched Crypto Assets in 2022

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Este Dia’s top ten crypto assets make up a large portion of the crypto economy’s current $797.95 billion value on Dec. 29, 2022, and many of them are some of the most popular digital currencies today. While coin market capitalization aggregation sites…

The Stablecoin Economy Shed $28 Billion in 2022 After a Handful of Tokens Lost Their $1 Peg

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2022 has been an interesting year for stablecoin assets as the market capitalization of the entire stablecoin economy lost just over $28 billion in value. Es más, más que $3 billion has been erased from the stablecoin economy during the last 23…

Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% en 2 Meses

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In mid-August, o 68 hace días, the market capitalization of the stablecoin BUSD was approximately $17.7 billion and since then, its grown 22.88% higher to today’s $21.78 mil millones. BUSD’s growth comes at a time when the market valuations of the top…

Circle CEO, Paxos, and Trueusd Speak on Binance’s Stablecoin Auto-Conversion Decision

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En septiembre 5, Binance explained that it planned to drop a number of usdc trading pairs and auto-convert specific stablecoin balances into busd by September 29. While the move was controversial among crypto proponents on social media, Circle Financial CEO Jeremy…

Mientras Bitcoin y Ethereum Dominance Slides, Las capitalizaciones de mercado de Stablecoin cosechan las recompensas

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During the past 30 días, $285 billion has left the crypto economy and bitcoin’s USD value hit a 2022 low at $17,593 per unit on June 18. Es más, last month’s statistics show bitcoin’s market dominance was 2.9% higher and ethereum’s market…