If had 's mcap →
BUSD needs a 4.8Kx move to match USDT's valuation
Binance USD (BUSD) is a stable coin pegged to USD that has received approval from the New York State Department of Financial Services (NYDFS).
Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.
FOR CONTEXT
$184.21B compared to the worldAbout this comparison
This page compares the market capitalizations of BUSD (BUSD) and Tether (USDT). With BUSD currently at $1.01 per coin and a market cap of $38.04M, and Tether at $0.9993 with a market cap of $184.21B, applying Tether's market cap to BUSD's circulating supply produces a hypothetical BUSD price of $4,867.79 — a 4.8Kx move from current.
BUSD: Binance USD (BUSD) is a stable coin pegged to USD that has received approval from the New York State Department of Financial Services (NYDFS).
Tether: Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.
All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.
Frequently asked
If BUSD had Tether's market cap, what would the price be?
If BUSD (BUSD) had Tether's (USDT) current market cap of $184.21B, each BUSD would be worth approximately $4,867.79 based on the circulating supply of 37,842,488 BUSD. That is 4.8Kx the current BUSD price of $1.01.
What is the current market cap of BUSD?
BUSD (BUSD) currently has a market cap of $38.04M, ranking #547 by market capitalization. Each BUSD trades at $1.01.
What is the current market cap of Tether?
Tether (USDT) currently has a market cap of $184.21B, ranking #3 by market capitalization. Each USDT trades at $0.9993.
How does BUSD compare to USDT?
BUSD's market cap of $38.04M sits orders of magnitude beyond Tether's $184.21B. For BUSD to reach USDT's current valuation, the price would need to move 4.8Kx from its current level.
Is this comparison financial advice?
No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming BUSD's circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.