🔶BUSD supply decreased by $5 billion in 24 days

Data shows that the supply of stablecoin BUSD has dropped significantly in the past 30 days, decreasing by approximately 23.8% between December 5, 2022 and January 6, 2023. Effective December 13, 2022, BUSD supply has decreased by more than $5 billion, from $21.84 billion to $16.77 billion. BUSD has a market capitalization of approximately US$16.77 billion. Since December 13, 2022, the net redemption volume of BUSD has been approximately 5,066,884,674 pieces.