Binance’s BUSD Stablecoin Sees $500M Outflows After CFTC Lawsuit

BUSD, however, has shown signs of resilience despite the turbulence. The token has maintained its peg, seen only slightly above-average outflows of over $500 million and there have been no unforeseen incidents concerning BUSD that have taken place on BNB ( $0.00 ) chain-based decentralized finance applications, in which the stablecoin plays a huge role.