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Market Cap for Binance Stablecoin BUSD Plummets 43% in 30 Days

Market Cap for Binance Stablecoin BUSD Plummets 43% in 30 Days
https://bitcoinmag.eu/market-cap-for-binance-stablecoin-busd-plummets-43-in-30-days/Binance's third-place ranking as the market's largest stablecoin may soon change. On February 13, Paxos Trust, the stablecoin's operator, announced that it would stop minting the Binance-branded stablecoin BUSD. The move followed more news that the SEC intended to sue Paxos for violating investor protection laws. Stablecoins are cryptocurrencies pegged to fiat currencies, like the […]The post https://bitcoinmag.eu/market-cap-for-binance-stablecoin-busd-plummets-43-in-30-days/ appeared first on Bitcoinmag.
 
Questions Loom Over Binance's Stablecoin Collateral
 
Bitcoin Price Prediction as Tether Fear Uncertainty and Doubt Sends BTC to $22,000 Level – Where is BTC Heading Now?
The price of Bitcoin has been highly volatile in recent days due to the uncertainty surrounding Tether, the world's largest stablecoin. Tether has been facing legal issues, which have led to fear, uncertainty, and doubt in the cryptocurrency market, causing BTC to drop to the $22,000 level. Meanwhile, several well-known cryptocurrencies, including Litecoin (LTC) and Dogecoin (DOGE), have also seen slight price declines.... Read More: Bitcoin Price Prediction as Tether Fear Uncertainty and Doubt Sends BTC to $22,000 Level – Where is BTC Heading Now?
 
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