It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a top-ten crypto asset. However, the top ten cryptocurrencies by market valuation have changed since the redemptions.
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BTC/USD$ 90,281.19 1.21%
ETH/USD$ 3,081.85 2.13%
USDT/USD$ 1.00 0.00%
SOL/USD$ 219.65 0.70%
BNB/USD$ 614.66 1.65%
XRP/USD$ 1.06 16.47%
DOGE/USD$ 0.351572 7.51%
USDC/USD$ 1.00 0.01%
STETH/USD$ 3,079.23 2.22%
ADA/USD$ 0.716216 4.23%
TRX/USD$ 0.195248 2.69%
SHIB/USD$ 0.000024 5.92%
TON/USD$ 5.50 1.19%
AVAX/USD$ 34.34 0.09%
WBTC/USD$ 89,980.11 1.33%
WSTETH/USD$ 3,645.69 1.76%
SUI/USD$ 3.69 4.97%
WETH/USD$ 3,081.49 1.97%
LINK/USD$ 14.17 0.44%
BCH/USD$ 445.83 2.58%
PEPE/USD$ 0.00002 10.58%
DOT/USD$ 5.74 9.25%
NEAR/USD$ 5.93 3.02%
LEO/USD$ 7.48 3.41%
LTC/USD$ 90.80 8.03%
APT/USD$ 11.89 4.72%
XLM/USD$ 0.201784 39.56%
WEETH/USD$ 3,243.02 1.96%
UNI/USD$ 8.86 0.47%
USDS/USD$ 0.996838 0.27%
ICP/USD$ 9.32 2.75%
CRO/USD$ 0.15891 5.48%
ETC/USD$ 27.81 18.15%
KAS/USD$ 0.149268 5.57%
TAO/USD$ 498.48 7.02%
WIF/USD$ 3.43 11.92%
BONK/USD$ 0.00005 12.03%
POL/USD$ 0.42693 12.37%
FET/USD$ 1.29 2.28%
DAI/USD$ 1.00 0.03%
HBAR/USD$ 0.086069 10.87%
USDE/USD$ 1.00 0.09%
WBT/USD$ 22.25 0.35%
STX/USD$ 1.94 0.35%
XMR/USD$ 148.46 3.16%
FIL/USD$ 4.60 9.66%
ARB/USD$ 0.691387 11.28%
OM/USD$ 3.02 17.84%
RENDER/USD$ 6.82 8.01%
OKB/USD$ 44.56 0.75%