BUSD supply crosses $20 billion

Binance USD (BUSD) market cap has been on the rise in the last 30 days. Thanks to Binance’s move to convert deposits of USDC, TUSD, and USDP into BUSD on the exchange.

Following the decision, the supply of BUSD crossed $20 billion for the first time last month. It hit another milestone with a market share of 15.48% of the stablecoin market. Based on CoinMarketCap data -the highest it has ever been.