How To Create A BNB Wallet The Home For USDT BEP20?

In the world of crypto, it’s hard to find someone who hasn’t heard of Binance - the largest cryptocurrency exchange by trading volume, trusted by over 260 million users. But Binance is much more than just a trading platform. At its core is BNB Chain - a powerful blockchain with a market cap of $80 billion. It’s not just a network, but a full ecosystem that includes BNB Beacon Chain, BNB Smart Chain, the scalable opBNB, and the decentralized storage solution BNB Greenfield. All of this is connected through the BNB token - not just a native currency, but the foundation that powers decentralized apps, DeFi platforms, NFTs, and Web3 services. The entire architecture is built around BNB, where technology and values go hand in hand, and every user becomes part of something bigger.

BNB — The Heart Of The Binance Ecosystem

BNB is not just a token - it’s the native asset of the entire Binance ecosystem. It’s used to pay fees, vote on proposals, stake, earn rewards, and make purchases in DApps.

Total Supply: Originally, 200 million BNB were created, but thanks to a regular burn mechanism, the total supply is gradually decreasing, making the token more scarce and potentially more valuable.
Circulating Supply: As of April 2025, about 142.47 million BNB are in circulation. This number keeps changing, showing the active nature of the network. BNB is more than just a utility token - it’s the fuel for a decentralized future.

Number of Unique Addresses on BNB Smart Chain. Source: bscscan.com

What Is BNB Wallet?

To truly use the full power of BNB and the BNB Chain ecosystem, you need a secure wallet - that’s where BNB Wallet comes in. It lets you manage tokens, send and receive transfers, and most importantly - stay fully in control. BNB Wallet is built on the principle of self-custody: only you hold your recovery phrase and have full access to your assets - with no middlemen or extra risk. Its open-source design makes how it works clear and transparent. The BNB Wallet interface is simple and easy to use for both beginners and experienced users - everything just works from the very first tap.

What Is BNB Wallet Used For?

BNB Wallet is not just for storing BNB - it’s a full tool for working with many other digital assets in the BNB Chain. You can use it to manage stablecoins, memecoins, and NFTs, take part in decentralized exchanges (DEX), and interact with Web3 services. Let’s take a closer look at how BNB Wallet can be used in real life.

BEP20 Tokens: What Are They?

BEP20 is a token standard on the BNB Smart Chain, similar to ERC20 on Ethereum. It’s the technical base for most popular tokens available in BNB Wallet. This standard makes it easy to use DApps, interact with smart contracts, and make transactions with compatible wallets and platforms. There are currently over 4.6 million BEP20 tokens. Some of the most important ones include:

Stablecoins: The Foundation of Stability

Among BEP20 tokens, stablecoins hold a special place - these are assets linked to fiat currencies at a 1:1 ratio, like the US dollar. In BNB Wallet, stablecoins are easy to store, swap, and send. The most popular stablecoin on the network is USDT BEP20 - held by over 27 million users, showing its wide adoption and strong reliability.

Keep in mind: You’ll need a small amount of BNB in your wallet to pay network fees when sending BEP20 tokens.

Meme Coins on the BNB Smart Chain

Memecoins are cryptocurrencies that started as jokes or internet culture trends, but over time became popular assets with real market value. They are widely used in online communities, trading, NFT games, and airdrops. One of the most well-known memecoins in the BEP20 format is Dogecoin (DOGE). With BNB Wallet, you can easily swap DOGE and use it in gaming and entertainment projects on the BNB Smart Chain.

BNB Wallet and Access to Layer 2

BNB Wallet also gives you access to Layer 2 solutions like opBNB - a fast and scalable network built on optimistic rollups. With ultra-low fees (less than $0.001) and speeds over 4,000 TPS, opBNB makes everyday transactions easier, faster, and more affordable - especially for micropayments and active DeFi use.

NFT on BNB Blockchain

BNB Chain fully supports NFTs. More than 42 million unique addresses have interacted with NFTs on the network, showing strong user activity and interest. With BNB Wallet, you can store, send, and use NFTs directly from the interface - it’s simple and doesn’t require any third parties.

DEX on BNB Smart Chain

BNB Wallet gives you easy access to decentralized exchanges (DEX), where you can swap tokens directly - with no middlemen and full control over your actions. One of the most popular and trusted platforms is PancakeSwap - the leading DEX on BNB Smart Chain. It’s more than just a swap service - it’s a full DeFi platform with its own token, CAKE. On BNB Smart Chain, PancakeSwap sees around $246.15 million in daily trading volume and holds over $371.88 million in total value locked (TVL). These numbers show strong activity and a high level of trust from users.

BEP20 Tokens Swap Volumes on PancakeSwap Source: pancakeswap.finance

BNB Staking

BNB Chain supports staking - an easy way to earn passive income while helping keep the network stable and secure. In BNB Wallet, staking is simple: just open the Stake section and follow the steps. The wallet shows you the options, rewards, and details automatically. It’s easy to understand, even if you’re new to staking.

BNB Swaps

With just a few clicks, you can swap BNB or other BEP20 tokens for any asset you need - and back again. Everything happens right inside the BNB Wallet, with no extra sign-ups or third-party tools required.

Note: Make sure you have a small amount of BNB in your wallet to cover gas fees for transactions.

BNB Swap. Source: Gem Wallet