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The Fund invests exclusively in cash, short-term U.S.
Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.
FOR CONTEXT
$182.45B compared to the worldAbout this comparison
This page compares the market capitalizations of BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV) and Tether (USDT). With BlackRock Daily Reinvestment Stablecoin Reserve Vehicle currently at $1.00 per coin and a market cap of $50.40M, and Tether at $0.9990 with a market cap of $182.45B, applying Tether's market cap to BlackRock Daily Reinvestment Stablecoin Reserve Vehicle's circulating supply produces a hypothetical BRSRV price of $3,619.89 — a 3.6Kx move from current.
BlackRock Daily Reinvestment Stablecoin Reserve Vehicle: The Fund invests exclusively in cash, short-term U.S.
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 BlackRock Daily Reinvestment Stablecoin Reserve Vehicle had Tether's market cap, what would the price be?
If BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV) had Tether's (USDT) current market cap of $182.45B, each BRSRV would be worth approximately $3,619.89 based on the circulating supply of 50,402,124 BRSRV. That is 3.6Kx the current BRSRV price of $1.00.
What is the current market cap of BlackRock Daily Reinvestment Stablecoin Reserve Vehicle?
BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV) currently has a market cap of $50.40M, ranking #444 by market capitalization. Each BRSRV trades at $1.00.
What is the current market cap of Tether?
Tether (USDT) currently has a market cap of $182.45B, ranking #3 by market capitalization. Each USDT trades at $0.9990.
How does BRSRV compare to USDT?
BlackRock Daily Reinvestment Stablecoin Reserve Vehicle's market cap of $50.40M sits orders of magnitude beyond Tether's $182.45B. For BRSRV to reach USDT's current valuation, the price would need to move 3.6Kx 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 BlackRock Daily Reinvestment Stablecoin Reserve Vehicle'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.