BUSD Sees Sharp Fall Amidst Solvency And Mismanagement Concerns

Binance’s BUSD stablecoin has seen a sharp fall in market capitalization, as its circulating supply dropped to $15.4 billion on Wednesday.  The BUSD stablecoin has dropped around $1 billion over the past week, and around $2 billion over the past month, according to data from CoinGecko.