G.MARKETS
BTC$63,138.00+0.68%
LIVE
BTC$63,138.00▲ 0.68%ETH$1,773.18▲ 0.49%USDT$0.9990▼ 0.02%BNB$582.94▲ 2.12%USDC$0.9997▼ 0.01%XRP$1.14▲ 0.54%SOL$80.59▲ 0.15%TRX$0.3287▲ 1.30%FIGR_HELOC$1.01▲ 0.00%HYPE$71.55▲ 4.20%DOGE$0.0768▲ 1.08%USDS$0.9997▼ 0.00%RAIN$0.0151▼ 1.71%LEO$9.37▲ 2.22%ZEC$454.44▼ 0.06%ADA$0.1862▼ 2.01%XLM$0.1993▼ 1.26%WBT$56.99▲ 0.69%XMR$321.42▼ 2.84%LINK$7.96▲ 0.84%CC$0.1431▲ 3.24%LAB$16.18▼ 0.85%BCH$240.50▲ 0.63%GRAM$1.75▼ 1.14%DAI$0.9997▼ 0.02%USD1$0.9986▼ 0.02%USDE$0.9985▼ 0.01%LTC$45.07▲ 1.96%HBAR$0.0751▲ 0.02%USYC$1.13▲ 0.00%BTC$63,138.00▲ 0.68%ETH$1,773.18▲ 0.49%USDT$0.9990▼ 0.02%BNB$582.94▲ 2.12%USDC$0.9997▼ 0.01%XRP$1.14▲ 0.54%SOL$80.59▲ 0.15%TRX$0.3287▲ 1.30%FIGR_HELOC$1.01▲ 0.00%HYPE$71.55▲ 4.20%DOGE$0.0768▲ 1.08%USDS$0.9997▼ 0.00%RAIN$0.0151▼ 1.71%LEO$9.37▲ 2.22%ZEC$454.44▼ 0.06%ADA$0.1862▼ 2.01%XLM$0.1993▼ 1.26%WBT$56.99▲ 0.69%XMR$321.42▼ 2.84%LINK$7.96▲ 0.84%CC$0.1431▲ 3.24%LAB$16.18▼ 0.85%BCH$240.50▲ 0.63%GRAM$1.75▼ 1.14%DAI$0.9997▼ 0.02%USD1$0.9986▼ 0.02%USDE$0.9985▼ 0.01%LTC$45.07▲ 1.96%HBAR$0.0751▲ 0.02%USYC$1.13▲ 0.00%
ACTIVEFirst Digital USDFDUSD→TetherUSDT
FDUSD WOULD BE$525.94
MULTIPLIER▲ 527x
TARGET MCAP$184.14B
G.MARKETS/PAIR ANALYSIS·First Digital USD logoFDUSD→Tether logoUSDT· LIVE· as of 05:10 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap →

FDUSD WOULD BE
$0.00000000
currently $0.9972 · target mcap $184.14B
MULTIPLIER
▲0.00x

FDUSD needs a 527x move to match USDT's valuation

COIN PROFILES·FDUSD vs USDT
First Digital USD logo
FDUSDUnverified
First Digital USD
SOURCE

First Digital USD (FDUSD) aim to revolutionize the digital asset landscape.

PRICE$0.9972
24H CHANGE▼ 0.04%
MARKET CAP$349.14MFDV $349.14M · Fully circulating
RANK#125
SUPPLY350.1M FDUSD
DOMINANCE0.01%
7d▼ 0.12%
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$0.9990
24H CHANGE▼ 0.02%
MARKET CAP$184.14BFDV $189.60B · 3% supply locked
RANK#3
SUPPLY184.3B USDT
DOMINANCE6.14%
7d▼ 0.05%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
527x bigger
FDUSD$349.14M
USDT$184.14B
THE CLIMBFirst Digital USD logoFDUSD→Tether logoUSDTMULTIPLIER▲ 527xGAP$183.79B
$1.00B$10.00B$100.00B
First Digital USD logo
SOURCEFDUSD$349.14M
Tether logo
TARGETUSDT$184.14B
Jito logo
JTO$357.64M
Pudgy Penguins logo
PENGU$420.15M
USX logo
USX$512.56M
Filecoin logo
FIL$625.02M
Ethena logo
ENA$749.87M
​​Stable logo
STABLE$847.27M
DeXe logo
DEXE$1.17B
Mantle logo
MNT$1.46B
PAX Gold logo
PAXG$1.87B
Avalanche logo
AVAX$2.99B
Bitcoin Cash logo
BCH$4.82B
Rain logo
RAIN$10.00B
log scale · mcap in USDJul 6, 2026
First Digital USD logo
FDUSDFirst Digital USD
$349.14MSOURCE
Jito logo
JTO
$357.64M
Pudgy Penguins logo
PENGU
$420.15M
USX logo
USX
$512.56M
Filecoin logo
FIL
$625.02M
Ethena logo
ENA
$749.87M
​​Stable logo
STABLE
$847.27M
DeXe logo
DEXE
$1.17B
Mantle logo
MNT
$1.46B
PAX Gold logo
PAXG
$1.87B
Avalanche logo
AVAX
$2.99B
Bitcoin Cash logo
BCH
$4.82B
Rain logo
RAIN
$10.00B
Tether logo
USDTTether
$184.14BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF FDUSD HIT USDT MCAP·TARGET $525.93
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 FDUSD$99.72$52,593.24+$52,493.52
Coffee money1K FDUSD$997.22$525,932.41+$524,935.18
Small bag10K FDUSD$9,972.22$5,259,324.06+$5,249,351.84
Real bag100K FDUSD$99,722.20$52,593,240.57+$52,493,518.37
Whale bag1M FDUSD$997,222.00$525,932,405.66+$524,935,183.66
Generational10M FDUSD$9,972,220.00$5,259,324,056.62+$5,249,351,836.62

FOR CONTEXT

$184.14B compared to the world
UnitedHealthUNH
$450.00B
USDT mcap is 40.9% of UnitedHealth
NetflixNFLX
$380.00B
USDT mcap is 48.5% 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
RELATED COMPARISONS·OTHER WAYS TO ASK
First Digital USD logoFDUSD→Bitcoin logoBTCVerified by G.MARKETS
$3,615.51▲ 3.6Kx
First Digital USD logoFDUSD→Ethereum logoETHVerified by G.MARKETS
$611.30▲ 613x
First Digital USD logoFDUSD→BNB logoBNBVerified by G.MARKETS
$224.39▲ 225x
First Digital USD logoFDUSD→USDC logoUSDCVerified by G.MARKETS
$207.95▲ 209x
First Digital USD logoFDUSD→XRP logoXRPVerified by G.MARKETS
$203.16▲ 204x
First Digital USD logoFDUSD→Solana logoSOLVerified by G.MARKETS
$133.77▲ 134x

About this comparison

This page compares the market capitalizations of First Digital USD (FDUSD) and Tether (USDT). With First Digital USD currently at $0.9972 per coin and a market cap of $349.14M, and Tether at $0.9990 with a market cap of $184.14B, applying Tether's market cap to First Digital USD's circulating supply produces a hypothetical FDUSD price of $525.93 — a 527x move from current.

First Digital USD: First Digital USD (FDUSD) aim to revolutionize the digital asset landscape.

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 First Digital USD had Tether's market cap, what would the price be?

If First Digital USD (FDUSD) had Tether's (USDT) current market cap of $184.14B, each FDUSD would be worth approximately $525.93 based on the circulating supply of 350,117,619 FDUSD. That is 527x the current FDUSD price of $0.9972.

What is the current market cap of First Digital USD?

First Digital USD (FDUSD) currently has a market cap of $349.14M, ranking #125 by market capitalization. Each FDUSD trades at $0.9972.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.14B, ranking #3 by market capitalization. Each USDT trades at $0.9990.

How does FDUSD compare to USDT?

First Digital USD's market cap of $349.14M sits far above Tether's $184.14B. For FDUSD to reach USDT's current valuation, the price would need to move 527x 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 First Digital USD'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.