Is BUSD market cap going down?

BUSD Market Cap The only chart in crypto going down at the moment, BUSD marketcap. Result of SEC Wells notice + Paxos only allowing redemptions and no longer allowing minting. The only chart in crypto going down at the moment, BUSD marketcap. Result of SEC Wells notice + Paxos only allowing redemptions and no longer allowing minting.

What does BUSD stand for?

BUSD stands for Binance United States Dollar or Binance USD. Issued by Paxos, and this stablecoin derives its value directly from USD. What Is BUSD Used For? BUSD and Binance-Peg BUSD is used for digital payment on blockchains, primarily to maintain a 1:1 ratio with the US dollar.

What is Binance USD (BUSD)?

Binance USD is +0.01% in the last 24 hours with a circulating supply of 4.00B. Binance USD (BUSD) is a stablecoin , so its value is pegged to a fiat currency — in this case, the US dollar. BUSD was launched in September 2019 as part of a joint partnership between Binance and blockchain and finance company Paxos, headquartered in New York.

How many wallets does BUSD have?

BUSD has a total supply of 18.4 billion, of which 18 billion are in circulation. BUSD is held in a total of 4 million cryptocurrency wallets at time of writing. When was BUSD founded?