Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 billion, marking the lowest number of BUSD in circulation since April 2021. Furthermore, data indicates that the supply of BUSD has shrunk by 19.8% over the past 30 days.
BUSD, which was once among the largest stablecoins, remains the third-largest USD-pegged token. Seven out of the top ten largest BUSD wallets belong to Binance. All ten wallets hold 92.52% of the ERC20 version of the BUSD supply, according to current data.
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