DeFiLlama data on February 14 shows that BUSD makes up over 18% of all assets locked and managed in Binance. It is the third largest asset, with stablecoins worth more than $13.3 billion locked when writing.
BUSD comes third only after BNB, the native currency of the Binance ecosystem, and USDT, a competing stablecoin issued by Tether Holdings. There is $17.61 billion worth of BNB managed by Binance, while users have deposited $15.01 billion of USDT in the exchange.
(By Dalmas Ngetich)
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