Current Price and Market Performance
The current price of Binance USD (BUSD) is $0.898931, with a 0.14% decrease in the last 24 hours. The market capitalization stands at $38 million, and the 24-hour trading volume is $6.59 million.
Recent Developments
- *SEC Investigation*: The US Securities and Exchange Commission (SEC) issued a Wells notice to BUSD issuer Paxos, but later backtracked on the security claim, ending the Paxos probe.
- *Stablecoin Market Cap*: The total stablecoin market capitalization has risen, hitting a record high since Donald Trump's electoral victory, with a $37.6 billion increase.
- *(link unavailable) Update*: (link unavailable) has provided an update on USD withdrawals and trading offerings, expecting banking partners to discontinue USD withdrawal services and encouraging users to convert USD to stablecoins like USDT ¹ ² ³.
Key Statistics
- *Circulating Supply*: 70.51 million BUSD
- *All-Time High*: $1.11413 (March 17, 2024)
- *All-Time Low*: $0.76144 (December 26, 2024)
- *Volatility*: 1.39% (Low) ³#AITokensBounce #BTCRebound #SaylorBTCPurchase #USDT #TrumptaxCuts