The market value of BUSD has fallen below the US$1 billion mark and is currently down to US$924 million.
After Paxos destroyed 65.06 million BUSD on the evening of January 5th, the market value of BUSD has fallen below the $1 billion mark. According to the latest data from Coingecko, it has now dropped to about $924 million, which is equivalent to the level before 2021.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SOL and Meme Coins Are Booming Again
Leading Crypto Presale: Nexchain’s Stage 11 Hits $1.5M with $NEX at $0.042
You can participate in the ongoing Nexchain's presale and gain exposure to one of the leading AI crypto projects before the major exchanges.
Ethereum’s “Trillion Dollar Security” Boosts Onchain Safety
Ethereum Foundation unveils "Trillion Dollar Security" to enhance wallet, UX, and smart contract security.A Step Toward Mass Adoption
Tokenized U.S. Equities: Breakthrough or Just Hype?
Are tokenized U.S. equities the future or just noise? Explore their roots, market trends, and regulatory roadblocks.Where It All Began: From STOs to Tokenized StocksRegulatory Hurdles and the Real-World GapSymbolic Progress, Real Potential
Trending news
MoreCrypto prices
More
