TOXIGON

Binance's BUSD Stablecoin Suffers $500M Outflows After CFTC

Binance’s BUSD Bleeds As Outflows Hit Over $500 Million

BUSD reserves crumble amid Binance regulatory saga

Binance

Binance, the largest cryptocurrency exchange, has been experiencing record outflows over the past few days as regulators move in to clamp down on its stablecoin

After the news of the case became public, the BUSD exchange reserves have reportedly decreased by $500 million since the data from Cryptoquant was collected.

Binance's net outflow exceeded US$500 million in

Outflows Of Busd

Binance BUSD Stumbles Under Regulatory Pressure: $500 Million

Outflows of BUSD, a Binance stablecoin pegged to the US dollar have steeply increased following CFTC’s lawsuit alleging “Willful Evasion” of U.S. regulations and the sale of unregistered

Binance Sees Record-High Outflows Amid Regulatory Fiasco

Binance Usd

Binance USD (BUSD), a stablecoin pegged to the U.S. dollar, endured over $500 million in outflows in the roughly 24 hours since a U.S. lawsuit was filed against Binance

Binance Faces Backlash Over BUSD Operations Amid Scrutiny

Binance processes $1B withdrawals amid regulatory

Binance Has Recently Been All

Binance BUSD Stumbles Under Regulatory Pressure:

Binance has recently been all over the headlines following the decision made by the U.S. Commodity Futures Trading