ACTIVE

USDE→

USDC

USDE WOULD BE$15.09

MULTIPLIER▲ 15.1x

TARGET MCAP$74.11B

G.MARKETS/PAIR ANALYSIS·

USDE→

USDC· LIVE· as of 02:23 UTC

THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

USDE WOULD BE

$0.00000000

currently $0.9996 · target mcap $74.11B

#27 · USDE$0.9996▲ 0.0%

#6 · USDC$0.9999▼ 0.0%

▲ 0.00x TO MATCHUSDE NEEDS A 15.1x MOVE TO MATCH USDC

REALITY CHECKAt USDE's current 24h rate of +0.00%, compounding daily would take ~647 years to reach USDC's market cap.

COIN PROFILES·USDE vs USDC

USDEUnverified

Ethena USDe

SOURCE

Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate

PRICE$0.9996

24H CHANGE▲ 0.00%

MARKET CAP$4.91BFDV $4.91B · Fully circulating

RANK#27

SUPPLY4.9B USDE

DOMINANCE0.16%

7d▼ 0.01%

USDC

TARGET

USDC is a fully collateralized US dollar stablecoin.

PRICE$0.9999

24H CHANGE▼ 0.01%

MARKET CAP$74.11BFDV $74.11B · Fully circulating

RANK#6

SUPPLY74.1B USDC

DOMINANCE2.47%

7d▲ 0.01%

PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y

SCALE·AREA = MARKET CAP

MARKET CAParea = proportional cap

USDE$4.91B

USDC$74.11B

THE CLIMB

USDE→

USDCMULTIPLIER▲ 15.1xGAP$69.20B

$10.00B

SOURCEUSDE$4.91B

TARGETUSDC$74.11B

CC$5.09B

LTC$5.48B

UNI$5.73B

NEAR$6.48B

RAIN$8.12B

LEO$8.20B

ADA$10.02B

XMR$10.30B

LINK$10.62B

HYPE$20.21B

FIGR_HELOC$25.11B

TRX$31.92B

log scale · mcap in USDOct 5, 2026

USDEEthena USDe

$4.91BSOURCE

$5.09B

LTC

$5.48B

UNI

$5.73B

NEAR

$6.48B

RAIN

$8.12B

LEO

$8.20B

ADA

$10.02B

XMR

$10.30B

LINK

$10.62B

HYPE

$20.21B

FIGR_HELOC

$25.11B

TRX

$31.92B

USDCUSDC

$74.11BTARGET

mcap in USDOct 5, 2026

BAG SCENARIOS·IF USDE HIT USDC MCAP·TARGET $15.09

SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN

$10 starter100 USDE$99.96$1,508.92+$1,408.96

Coffee money1K USDE$999.65$15,089.22+$14,089.58

Small bag10K USDE$9,996.49$150,892.25+$140,895.76

Real bag100K USDE$99,964.90$1,508,922.50+$1,408,957.60

Whale bag1M USDE$999,649.00$15,089,224.96+$14,089,575.96

Generational10M USDE$9,996,490.00$150,892,249.64+$140,895,759.64

FOR CONTEXT

$74.11B compared to the world

UberUBER

$160.00B

USDC mcap is 46.3% of Uber

NikeNKE

$130.00B

USDC mcap is 57.0% of Nike

StarbucksSBUX

$100.00B

USDC mcap is 74.1% of Starbucks

SpotifySPOT

$90.00B

USDC mcap is 82.3% of Spotify

RobloxRBLX

$30.00B

USDC mcap is 2.47× Roblox

RedditRDDT

$25.00B

USDC mcap is 2.96× Reddit

RELATED COMPARISONS·OTHER WAYS TO ASK

About this comparison

This page compares the market capitalizations of Ethena USDe (USDE) and USDC (USDC). With Ethena USDe currently at $0.9996 per coin and a market cap of $4.91B, and USDC at $0.9999 with a market cap of $74.11B, applying USDC's market cap to Ethena USDe's circulating supply produces a hypothetical USDE price of $15.09 — a 15.1x move from current.

Ethena USDe: Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate

USDC: USDC is a fully collateralized US dollar stablecoin.

All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.

Frequently asked

If Ethena USDe had USDC's market cap, what would the price be?

If Ethena USDe (USDE) had USDC's (USDC) current market cap of $74.11B, each USDE would be worth approximately $15.09 based on the circulating supply of 4,911,141,052 USDE. That is 15.1x the current USDE price of $0.9996.

What is the current market cap of Ethena USDe?

Ethena USDe (USDE) currently has a market cap of $4.91B, ranking #27 by market capitalization. Each USDE trades at $0.9996.

What is the current market cap of USDC?

USDC (USDC) currently has a market cap of $74.11B, ranking #6 by market capitalization. Each USDC trades at $0.9999.

How does USDE compare to USDC?

Ethena USDe's market cap of $4.91B sits well above USDC's $74.11B. For USDE to reach USDC's current valuation, the price would need to move 15.1x 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 Ethena USDe'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.

If USDE▾ had USDC▾'s mcap →

FOR CONTEXT

About this comparison

Frequently asked

More comparisons

If had 's mcap →