Data: Four wallet addresses hold nearly 94% of the total supply of BUSD

According to ChainCatcher news and data from IntoTheBlock, the concentration of BUSD holdings is very high, with approximately 19.31 billion BUSD (worth 18.98 billion USD) controlled by four wallet addresses, accounting for 93.46% of the BUSD supply.

In addition, data from CoinMarketCap shows that BUSD ranks sixth in market capitalization among all cryptocurrencies; among all stablecoins, BUSD ranks third, only behind USDT and USDC. Earlier, Binance announced the automatic conversion of USDC, USDP, and TUSD to BUSD. (source link)