BUSD
Crypto

Binance’s BUSD Stablecoin Suffers $500M Outflows After CFTC Lawsuit

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 and CEO Changpeng Zhao, data from CryptoQuant shows. This rush to the exits is quite a bit smaller than that seen following the February crackdown on

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