$BNB The *BNB/USDT* trading pair represents the exchange rate between *Binance Coin (BNB)* and *Tether (USDT)* on cryptocurrency exchanges like *Binance*. *BNB* is the native utility token of the Binance ecosystem, used for trading fee discounts, staking, and various other use cases. *USDT*, on the other hand, is a stablecoin pegged to the US Dollar, maintaining a 1:1 value ratio with USD. The *BNB/USDT* pair allows traders to exchange BNB for USDT or vice versa, providing liquidity and serving as a popular pair for trading, especially for those looking to hedge or trade in a stable value asset like USDT.