LIVE
BTC$85,754.00▲ 0.75%ETH$2,704.65▲ 0.36%USDT$0.9998▼ 0.00%BNB$788.17▲ 0.21%XRP$1.50▲ 0.23%USDC$0.9999▼ 0.00%SOL$119.64▼ 1.46%TRX$0.3364▲ 0.23%FIGR_HELOC$1.07▲ 0.00%ZEC$1,333.16▲ 0.65%HYPE$92.49▲ 2.78%DOGE$0.0953▲ 1.75%LINK$13.95▼ 1.33%XMR$550.41▲ 0.23%WBT$85.51▲ 0.96%ADA$0.2705▲ 10.15%USDS$0.9999▼ 0.01%RAIN$0.0117▼ 2.97%LEO$8.95▼ 0.50%XLM$0.2161▼ 0.13%NEAR$5.00▲ 3.02%BCH$313.84▼ 1.20%UNI$8.94▼ 1.14%LTC$71.11▼ 0.34%CC$0.1239▼ 1.23%SUI$1.19▼ 0.23%USDE$0.9997▲ 0.00%AVAX$10.88▼ 1.33%DAI$1.0000▼ 0.01%HBAR$0.1014▼ 1.02%BTC$85,754.00▲ 0.75%ETH$2,704.65▲ 0.36%USDT$0.9998▼ 0.00%BNB$788.17▲ 0.21%XRP$1.50▲ 0.23%USDC$0.9999▼ 0.00%SOL$119.64▼ 1.46%TRX$0.3364▲ 0.23%FIGR_HELOC$1.07▲ 0.00%ZEC$1,333.16▲ 0.65%HYPE$92.49▲ 2.78%DOGE$0.0953▲ 1.75%LINK$13.95▼ 1.33%XMR$550.41▲ 0.23%WBT$85.51▲ 0.96%ADA$0.2705▲ 10.15%USDS$0.9999▼ 0.01%RAIN$0.0117▼ 2.97%LEO$8.95▼ 0.50%XLM$0.2161▼ 0.13%NEAR$5.00▲ 3.02%BCH$313.84▼ 1.20%UNI$8.94▼ 1.14%LTC$71.11▼ 0.34%CC$0.1239▼ 1.23%SUI$1.19▼ 0.23%USDE$0.9997▲ 0.00%AVAX$10.88▼ 1.33%DAI$1.0000▼ 0.01%HBAR$0.1014▼ 1.02%
G.MARKETS/PAIR ANALYSIS·BlackRock USD Institutional Digital Liquidity Fund logoBUIDL→Tether logoUSDT· LIVE· as of 14:41 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

BUIDL WOULD BE
$0.00000000
currently $1.00 · target mcap $184.05B
▲ 0.00x TO MATCHBUIDL NEEDS A 81.4x MOVE TO MATCH USDT
COIN PROFILES·BUIDL vs USDT
BlackRock USD Institutional Digital Liquidity Fund logo
BlackRock USD Institutional Digital Liquidity Fund
SOURCE
PRICE$1.00
24H CHANGE▲ 0.00%
MARKET CAP$2.26BFDV $2.26B · Fully circulating
RANK#50
SUPPLY2.3B BUIDL
DOMINANCE0.08%
7d▲ 0.00%
VS
Tether logo
USDTVerified by G.MARKETS
Tether
TARGET

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.

PRICE$0.9998
24H CHANGE▼ 0.00%
MARKET CAP$184.05BFDV $189.52B · 3% supply locked
RANK#3
SUPPLY184.1B USDT
DOMINANCE6.14%
7d▲ 0.01%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
81.4x bigger
BUIDL$2.26B
USDT$184.05B
THE CLIMBBlackRock USD Institutional Digital Liquidity Fund logoBUIDL→Tether logoUSDTMULTIPLIER▲ 81.4xGAP$181.79B
$10.00B$100.00B
BlackRock USD Institutional Digital Liquidity Fund logo
SOURCEBUIDL$2.26B
Tether logo
TARGETUSDT$184.05B
Ondo US Dollar Yield logo
USDY$2.29B
Ripple USD logo
RLUSD$2.43B
Pump.fun logo
PUMP$2.97B
Tether Gold logo
XAUT$3.35B
Shiba Inu logo
SHIB$3.46B
Hedera logo
HBAR$4.46B
Sui logo
SUI$4.92B
Bitcoin Cash logo
BCH$6.31B
Rain logo
RAIN$8.30B
Monero logo
XMR$10.35B
Hyperliquid logo
HYPE$20.57B
Solana logo
SOL$70.38B
log scale · mcap in USDOct 5, 2026
BlackRock USD Institutional Digital Liquidity Fund logo
BUIDLBlackRock USD Institutional Digital Liquidity Fund
$2.26BSOURCE
Ondo US Dollar Yield logo
USDY
$2.29B
Ripple USD logo
RLUSD
$2.43B
Pump.fun logo
PUMP
$2.97B
Tether Gold logo
XAUT
$3.35B
Shiba Inu logo
SHIB
$3.46B
Hedera logo
HBAR
$4.46B
Sui logo
SUI
$4.92B
Bitcoin Cash logo
BCH
$6.31B
Rain logo
RAIN
$8.30B
Monero logo
XMR
$10.35B
Hyperliquid logo
HYPE
$20.57B
Solana logo
SOL
$70.38B
Tether logo
USDTTether
$184.05BTARGET
mcap in USDOct 5, 2026
BAG SCENARIOS·IF BUIDL HIT USDT MCAP·TARGET $81.36
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 BUIDL$100.00$8,136.00+$8,036.00
Coffee money1K BUIDL$1,000.00$81,360.03+$80,360.03
Small bag10K BUIDL$10,000.00$813,600.34+$803,600.34
Real bag100K BUIDL$100,000.00$8,136,003.37+$8,036,003.37
Whale bag1M BUIDL$1,000,000.00$81,360,033.71+$80,360,033.71
Generational10M BUIDL$10,000,000.00$813,600,337.13+$803,600,337.13
$184.05B compared to the world
UnitedHealthUNH
$450.00B
USDT mcap is 40.9% of UnitedHealth
NetflixNFLX
$380.00B
USDT mcap is 48.4% of Netflix
UberUBER
$160.00B
USDT mcap is 1.15× Uber
NikeNKE
$130.00B
USDT mcap is 1.42× Nike
StarbucksSBUX
$100.00B
USDT mcap is 1.84× Starbucks
SpotifySPOT
$90.00B
USDT mcap is 2.05× Spotify

About this comparison

This page compares the market capitalizations of BlackRock USD Institutional Digital Liquidity Fund (BUIDL) and Tether (USDT). With BlackRock USD Institutional Digital Liquidity Fund currently at $1.00 per coin and a market cap of $2.26B, and Tether at $0.9998 with a market cap of $184.05B, applying Tether's market cap to BlackRock USD Institutional Digital Liquidity Fund's circulating supply produces a hypothetical BUIDL price of $81.36 — a 81.4x move from current.

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 USD Institutional Digital Liquidity Fund had Tether's market cap, what would the price be?

If BlackRock USD Institutional Digital Liquidity Fund (BUIDL) had Tether's (USDT) current market cap of $184.05B, each BUIDL would be worth approximately $81.36 based on the circulating supply of 2,262,224,432 BUIDL. That is 81.4x the current BUIDL price of $1.00.

What is the current market cap of BlackRock USD Institutional Digital Liquidity Fund?

BlackRock USD Institutional Digital Liquidity Fund (BUIDL) currently has a market cap of $2.26B, ranking #50 by market capitalization. Each BUIDL trades at $1.00.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.05B, ranking #3 by market capitalization. Each USDT trades at $0.9998.

How does BUIDL compare to USDT?

BlackRock USD Institutional Digital Liquidity Fund's market cap of $2.26B sits well above Tether's $184.05B. For BUIDL to reach USDT's current valuation, the price would need to move 81.4x 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 USD Institutional Digital Liquidity Fund'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.