$BNB BNB stands for Binance Coin, the native cryptocurrency of the Binance ecosystem, launched in 2017 by the Binance Exchange. Initially created as a utility token for discounted trading fees, BNB has expanded its use cases to include payments, staking, DeFi (Decentralized Finance), and powering the Binance Smart Chain (BSC), a blockchain for building decentralized apps. With a capped supply and periodic burns, BNB has become one of the top cryptocurrencies by market cap, playing a key role in the crypto economy.

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