BNB briefly surpassed USDC to become the world’s 4th largest crypto!!

BNB (Binance Coin) is the token that fuels all operations on Binance exchange. Binance Coin was issued as an ERC20 token on Ethereum blockchain but now it has moved to its own mainnet chain.

Binance Coin (BNB) on Tuesday briefly surpassed USD Coin (USDC) to become the fourth largest cryptocurrency in the world by market value. At the time of writing, BNB was trading in the green with a market value of $52.19 billion. On the other hand, USDC held a market capitalisation of $53.9 billion onTuesday.

Binance Coin price moved up by 0.84% in 24h. Binance Coin last traded price is Rs 26,183

BNB Coin a cryptocurrency that is used primarily to pay transaction and trading fees on the Binance exchange.Binance Exchange is the largest cryptocurrency exchange in the world, with a volume of $7.6 billion.

𝘼𝙢𝙪𝙨𝙞𝙣𝙜 𝙁𝙖𝙘𝙩: In May 2022, BNB was the fifth-largest cryptocurrency by market capitalization, behind only Bitcoin, Ethereum, USD Tether, and USD Coin.2

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