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Cryptocurrency Ecosystem => Crypto Exchanges => Binance => Topic started by: Lenipiw on September 16, 2020, 02:24:45 PM

Title: Record $113M BUSD stablecoin inflow shows Binance is serious about DeFi
Post by: Lenipiw on September 16, 2020, 02:24:45 PM
The rapidly growing market cap of Binance’s BUSD stablecoin shows the exchange is taking serious steps to become a major DeFi contender. New data from CryptoQuant, an on-chain analytics firm, shows $113 million worth of Binance USD (BUSD) has flowed into Binance exchange over the past week. This means BUSD stablecoin now has the highest potential buying power over all other USD-based stablecoins except for Tether (USDT).
Visit here: https://cointelegraph.com/news/record-113m-busd-stablecoin-inflow-shows-binance-is-serious-about-defi