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BUSD stablecoin – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Sun, 16 Apr 2023 14:30:25 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png BUSD stablecoin – DIGIT INFO https://www.digit.info 32 32 With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021 https://www.digit.info/with-close-to-10-billion-stablecoins-redeemed-busds-supply-drops-to-lowest-level-since-april-2021/ Sun, 16 Apr 2023 14:30:25 +0000 https://www.digit.info/2023/04/16/with-close-to-10-billion-stablecoins-redeemed-busds-supply-drops-to-lowest-level-since-april-2021/ Read more]]> With Close to 10 Billion Stablecoins Redeemed, BUSD's Supply Drops to Lowest Level Since April 2021Statistics 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. […]

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Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% in 2 Months https://www.digit.info/binance-and-paxos-backed-stablecoin-busds-market-cap-climbs-22-in-2-months/ Sat, 22 Oct 2022 16:00:14 +0000 https://www.digit.info/2022/10/22/binance-and-paxos-backed-stablecoin-busds-market-cap-climbs-22-in-2-months/ Read more]]> In mid-August, or 68 days ago, 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 billion. BUSD’s growth comes at a time when the market valuations of the top two stablecoins tether and usd coin have shed some excess weight. While Tether and […]

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