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Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol.
Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto.
FOR CONTEXT
$1.62T compared to the worldAbout this comparison
This page compares the market capitalizations of Frax USD (FRXUSD) and Bitcoin (BTC). With Frax USD currently at $1.00 per coin and a market cap of $100.86M, and Bitcoin at $80,644.00 with a market cap of $1.62T, applying Bitcoin's market cap to Frax USD's circulating supply produces a hypothetical FRXUSD price of $16,073.54 — a 16.1Kx move from current.
Frax USD: Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol.
Bitcoin: Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto.
All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.
Frequently asked
If Frax USD had Bitcoin's market cap, what would the price be?
If Frax USD (FRXUSD) had Bitcoin's (BTC) current market cap of $1.62T, each FRXUSD would be worth approximately $16,073.54 based on the circulating supply of 100,856,487 FRXUSD. That is 16.1Kx the current FRXUSD price of $1.00.
What is the current market cap of Frax USD?
Frax USD (FRXUSD) currently has a market cap of $100.86M, ranking #278 by market capitalization. Each FRXUSD trades at $1.00.
What is the current market cap of Bitcoin?
Bitcoin (BTC) currently has a market cap of $1.62T, ranking #1 by market capitalization. Each BTC trades at $80,644.00.
How does FRXUSD compare to BTC?
Frax USD's market cap of $100.86M sits orders of magnitude beyond Bitcoin's $1.62T. For FRXUSD to reach BTC's current valuation, the price would need to move 16.1Kx 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 Frax 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.