BUSD pairs take up two fifths of Binance trading. December ma | Binance News

BUSD pairs take up two fifths of Binance trading.

December marked a new high for the share of BUSD trading on Binance at 39.24%, meaning pairs with Binance’s native stablecoin as either the base or quote asset accounted for almost two fifths of the trading volume on the exchange.

The USD volume of BUSD pairs came in at roughly $110 billion, which was actually relatively low compared to the $185 billion of BUSD pair volume in November and is the lowest the raw volume has been since June.

Since volumes across the board slowed in December, the lower volume was able to take up more share.