According to PANews news on July 23, according to data from CoinMarketCap, the market value of the stablecoin DAI has surpassed BUSD to become the third largest stablecoin currently. At the time of writing, the market value of DAI was 4.598 billion U.S. dollars, second only to Tether ($83.8 billion) and USDC ($26.8 billion).

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