LIVE
BTC$76,538.00 1.28%ETH$2,107.03 1.16%USDT$0.9989 0.02%BNB$654.65 0.26%XRP$1.35 2.43%USDC$0.9997 0.01%SOL$85.67 2.14%TRX$0.3625 0.44%FIGR_HELOC$1.03 0.47%DOGE$0.1046 1.28%HYPE$56.57 4.04%USDS$0.9996 0.02%ZEC$615.01 8.38%ADA$0.2470 2.34%LEO$9.86 0.34%BCH$377.17 0.98%XMR$382.32 5.02%LINK$9.66 1.42%WBT$56.49 1.44%CC$0.1566 2.59%TON$1.94 5.38%XLM$0.1459 1.65%USD1$0.9993 0.05%USDE$0.9990 0.00%DAI$0.9997 0.00%SUI$1.08 6.97%LTC$53.74 1.10%AVAX$9.32 1.79%HBAR$0.0889 1.60%M$2.76 0.68%BTC$76,538.00 1.28%ETH$2,107.03 1.16%USDT$0.9989 0.02%BNB$654.65 0.26%XRP$1.35 2.43%USDC$0.9997 0.01%SOL$85.67 2.14%TRX$0.3625 0.44%FIGR_HELOC$1.03 0.47%DOGE$0.1046 1.28%HYPE$56.57 4.04%USDS$0.9996 0.02%ZEC$615.01 8.38%ADA$0.2470 2.34%LEO$9.86 0.34%BCH$377.17 0.98%XMR$382.32 5.02%LINK$9.66 1.42%WBT$56.49 1.44%CC$0.1566 2.59%TON$1.94 5.38%XLM$0.1459 1.65%USD1$0.9993 0.05%USDE$0.9990 0.00%DAI$0.9997 0.00%SUI$1.08 6.97%LTC$53.74 1.10%AVAX$9.32 1.79%HBAR$0.0889 1.60%M$2.76 0.68%
← G.MARKETS/COMPARE/BlackRock USD Institutional Digital Liquidity Fund logoBUIDLTether logoUSDT
MCAP COMPARISON · LIVE

If had 's mcap →

BUIDL WOULD BE
$74.87
currently $1.00 · target mcap $189.64B
MULTIPLIER
74.9x

BUIDL needs a 74.9x move to match USDT's valuation

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$2.53B
RANK#40
SUPPLY2.5B BUIDL
DOMINANCE0.08%
7d 0.00%
VS
Tether logo
Tether
TARGET

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

PRICE$0.9989
24H CHANGE 0.02%
MARKET CAP$189.64B
RANK#3
SUPPLY189.9B USDT
DOMINANCE6.32%
7d 0.06%
normalized % change
size in proportion · area = mcap
MARKET CAParea = proportional cap
74.9x bigger
BUIDL$2.53B
USDT$189.64B
THE CLIMBBlackRock USD Institutional Digital Liquidity Fund logoBUIDLTether logoUSDTMULTIPLIER 74.9xGAP$187.10B
$10.00B$100.00B
BlackRock USD Institutional Digital Liquidity Fund logo
SOURCEBUIDL$2.53B
Tether logo
TARGETUSDT$189.64B
Tether Gold logo
XAUT$2.67B
NEAR Protocol logo
NEAR$2.82B
Shiba Inu logo
SHIB$3.40B
MemeCore logo
M$3.60B
Litecoin logo
LTC$4.15B
Ethena USDe logo
USDE$4.44B
Toncoin logo
TON$5.24B
Chainlink logo
LINK$7.03B
LEO Token logo
LEO$9.07B
USDS logo
USDS$11.10B
Figure Heloc logo
FIGR_HELOC$18.56B
USDC logo
USDC$76.59B
log scale · mcap in USDMay 22, 2026
BlackRock USD Institutional Digital Liquidity Fund logo
BUIDLBlackRock USD Institutional Digital Liquidity Fund
$2.53BSOURCE
Tether Gold logo
XAUT
$2.67B
NEAR Protocol logo
NEAR
$2.82B
Shiba Inu logo
SHIB
$3.40B
MemeCore logo
M
$3.60B
Litecoin logo
LTC
$4.15B
Ethena USDe logo
USDE
$4.44B
Toncoin logo
TON
$5.24B
Chainlink logo
LINK
$7.03B
LEO Token logo
LEO
$9.07B
USDS logo
USDS
$11.10B
Figure Heloc logo
FIGR_HELOC
$18.56B
USDC logo
USDC
$76.59B
Tether logo
USDTTether
$189.64BTARGET
mcap in USDMay 22, 2026
If BUIDL hit USDT mcap
target: $74.87 / BUIDL
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 BUIDL$100.00$7,486.58+$7,386.58
Coffee money1K BUIDL$1,000.00$74,865.79+$73,865.79
Small bag10K BUIDL$10,000.00$748,657.89+$738,657.89
Real bag100K BUIDL$100,000.00$7,486,578.93+$7,386,578.93
Whale bag1M BUIDL$1,000,000.00$74,865,789.26+$73,865,789.26
Generational10M BUIDL$10,000,000.00$748,657,892.55+$738,657,892.55
$189.64B compared to the world
UnitedHealthUNH
$450.00B
USDT mcap is 42.1% of UnitedHealth
NetflixNFLX
$380.00B
USDT mcap is 49.9% of Netflix
UberUBER
$160.00B
USDT mcap is 1.19× Uber
NikeNKE
$130.00B
USDT mcap is 1.46× Nike
StarbucksSBUX
$100.00B
USDT mcap is 1.90× Starbucks
SpotifySPOT
$90.00B
USDT mcap is 2.11× 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 $2.53B, and Tether at $0.9989 with a market cap of $189.64B, applying Tether's market cap to BlackRock USD Institutional Digital Liquidity Fund's circulating supply produces a hypothetical BUIDL price of $74.87 — a 74.9x 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 $189.64B, each BUIDL would be worth approximately $74.87 based on the circulating supply of 2,533,030,553 BUIDL. That is 74.9x 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 $2.53B, ranking #40 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 $189.64B, ranking #3 by market capitalization. Each USDT trades at $0.9989.

How does BUIDL compare to USDT?

BlackRock USD Institutional Digital Liquidity Fund's market cap of $2.53B sits well above Tether's $189.64B. For BUIDL to reach USDT's current valuation, the price would need to move 74.9x 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.