BUSD liquidity crisis: major whales divest holdings amidst regulatory challenge

BUSD liquidity crisis: major whales divest holdings amidst regulatory challenge


Cryptopolitan
2023-03-18 13:04:27

The stablecoin market is currently undergoing a significant shift as major whales divest their holdings of Binance USD (BUSD) tokens amid a liquidity crisis. This trend has been prompted by the absence of new BUSD supply being introduced into circulation, combined with a sharp drop in circulating supply following Paxos‘ receipt of a Wells Notice … BUSD liquidity crisis: major whales divest holdings amidst regulatory challenge Read More »