Lately, Binance has announced laying out BUSD Auto conversion. Following this announcement, BUSD witnessed a whopping rise of 70% in trading volume over the last 24 hours. BUSD trading volume hit $8.4 billion at the time of writing, with a market cap of over $19.4 billion. Similarly, the USDC trading volume increased by 20% over the last 24 hours to $7.06 billion.