BUSD capitalization decreased by more than $500 million

In February, the exchange Coinbase announced its intention to stop operations with the stabelcoin Binance USD (BUSD).
After this statement, investors began to withdraw capital from this digital asset. As a result, for the first time since June 2021, the capitalization of BUSD fell below $10 billion.
Whale wallets took the lion’s share of funds from Stablecoin. Even before reports of the lawsuit against Binance surfaced, traders began withdrawing BUSD tokens from the trading floor.

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