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Binance USD Stablecoin Sees $2B Reduction in a Month Amid Token Mismanagement

BUSD’s circulating supply fell to $15.4 billion on Wednesday, paring down $1 billion over the past week and $2 billion in a month, according to cryptocurrency price tracker CoinGecko.

By Krisztian Sandor

Updated Jan 25, 2023, 10:45 p.m. Published Jan 25, 2023, 10:31 p.m.

Binance USD's market capitalization dropped to $15.4 billion from its all-time high of $23 billion in November. (Rob Mitchell/CoinDesk)