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The share of BUSD (purple) in trading on the cryptocurrency ex | Smart Bitcoin

The share of BUSD (purple) in trading on the cryptocurrency exchange Binance dropped below 10 percent among all stablcoins, and this happened for the first time since July 2021. At the same time, the corresponding TUSD (in orange) reached a high of 24 percent.

All of this is a consequence of the ban on further issuance of BUSD by U.S. regulators in February 2023. After that, the supply of the token can only go down, which similarly affects its popularity.

Here is a chart from Kaiko.