Binance USD Exceeds $11B Market Cap, as Binance CEO Commits to Working with Authorities to Ensure Compliance
Binance USD, a major stablecoin issued by crypto exchange
Binance, has reached its $10B market cap milestone and has entered the top 10 digital currency rankings, the company confirmed in a blog post on July 15, 2021.
Binance USD has already exceeded $11 billion in market cap at the time of writing according to CoinMarketCap data.
The Binance team says they’re pleased to confirm that BUSD is now ranked 3rd among stablecoins in terms of market cap. In less than 2 years since its launch, BUSD has become “one of the fastest-growing cryptocurrencies while featuring a variety of utilities, from trading to lending and payment.”
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