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BUSD, a fully regulated stablecoin, was "capped" (no new minting) by NYDFS at $23b. Now at $5b market cap.

Global Currency Reserve
Global Currency Reserve
Twitter
01 Jun 2023, 08:33
BUSD, a fully regulated stablecoin, was "capped" (no new minting) by NYDFS at $23b. Now at $5b market cap. Since then, USDT has seen tremendous growth.