Binance USD (BUSD) , the stablecoin issued by Paxos for crypto exchange Binance, has seen a decline in market capitalization of more than 90% from its peak last year. According to CoinGecko data, BUSD’s market cap has plummeted from an all-time high of $23.5 billion, recorded on November 15, 2022. The current market cap stands The post Binance’s Stablecoin BUSD Market Capitalization Slides 90% from Peak – Will it Affect Binance Exchange? appeared first on Cryptonews .
