The market value of BUSD has fallen below the 1 billion USD mark, currently dropping to 924 million USD
On the evening of January 5th, after Paxos destroyed 65.06 million BUSD, the market value of BUSD has fallen below the $1 billion mark. According to the latest data from Coingecko, it has now dropped to approximately $924 million, equivalent to its 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
Costco Wholesale Nearly Doubles Kirkland Motor Oil Price, Caps Purchases at Two Weekly
Liquidity Unconcerned? The Federal Reserve Hits 'Pause' Again, Ceasing Reserve Management Bond Purchases Until Mid-October
The Federal Reserve announced on Monday that it will not conduct short-term Treasury bond purchases for reserve management purposes in the next phase for the second consecutive month, indicating that policymakers are satisfied with the level of bank reserves in the financial system.

NAB says Australia August consumer spending rises 1.1% as fuel costs jump 12%
Trump connects with Jensen Huang: Slams AI threat as a "scam" and strongly supports data centers, calling them the "oil of the future"
Trump participated in a live call with Jensen Huang, denouncing the AI threat narrative as a scam and stating that data centers are the oil of the future. Despite Nvidia's stock price dropping due to slowdown concerns, Jensen Huang still responded to security warnings.
