Binance’s BUSD stablecoin market capitalization continues to fall as users convert their BUSD stablecoins to Tether’s USDT. The move comes as the New York Department of Financial Services on Monday ordered Paxos Trust Co., the issuer of Binance USD (BUSD), to stop creating more of Binance’s dollar-pegged stablecoin.
Massive Reshuffling In Crypto Market As Binance's BUSD Depegs To Tether
coingape.com
13 February 2023 10:18, UTC