LIVE
BTC$86,473.00▲ 2.04%ETH$2,732.00▲ 1.66%USDT$0.9999▲ 0.00%BNB$795.55▲ 1.12%XRP$1.52▲ 2.26%USDC$1.0000▼ 0.00%SOL$122.15▲ 1.99%TRX$0.3358▲ 0.09%FIGR_HELOC$1.07▲ 0.11%ZEC$1,360.11▲ 3.96%HYPE$90.97▲ 1.64%DOGE$0.0969▲ 4.26%LINK$14.26▲ 1.13%XMR$549.42▼ 1.42%WBT$85.91▲ 1.93%USDS$1.0000▲ 0.01%ADA$0.2579▲ 5.43%LEO$8.98▼ 0.11%RAIN$0.0113▼ 0.96%XLM$0.2232▲ 3.53%NEAR$4.96▲ 4.24%BCH$318.66▲ 0.73%UNI$9.06▲ 0.22%LTC$70.69▲ 1.58%CC$0.1287▲ 4.75%SUI$1.21▲ 2.73%AVAX$11.10▲ 0.05%USDE$0.9997▼ 0.00%DAI$1.00▲ 0.01%HBAR$0.1036▲ 1.76%BTC$86,473.00▲ 2.04%ETH$2,732.00▲ 1.66%USDT$0.9999▲ 0.00%BNB$795.55▲ 1.12%XRP$1.52▲ 2.26%USDC$1.0000▼ 0.00%SOL$122.15▲ 1.99%TRX$0.3358▲ 0.09%FIGR_HELOC$1.07▲ 0.11%ZEC$1,360.11▲ 3.96%HYPE$90.97▲ 1.64%DOGE$0.0969▲ 4.26%LINK$14.26▲ 1.13%XMR$549.42▼ 1.42%WBT$85.91▲ 1.93%USDS$1.0000▲ 0.01%ADA$0.2579▲ 5.43%LEO$8.98▼ 0.11%RAIN$0.0113▼ 0.96%XLM$0.2232▲ 3.53%NEAR$4.96▲ 4.24%BCH$318.66▲ 0.73%UNI$9.06▲ 0.22%LTC$70.69▲ 1.58%CC$0.1287▲ 4.75%SUI$1.21▲ 2.73%AVAX$11.10▲ 0.05%USDE$0.9997▼ 0.00%DAI$1.00▲ 0.01%HBAR$0.1036▲ 1.76%
G.MARKETS/PAIR ANALYSIS·Hex Trust USD logoUSDX→Tether logoUSDT· LIVE· as of 22:30 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

USDX WOULD BE
$0.00000000
currently $0.9927 · target mcap $184.06B
▲ 0.00x TO MATCHUSDX NEEDS A 8.1Kx MOVE TO MATCH USDT
COIN PROFILES·USDX vs USDT
Hex Trust USD logo
Hex Trust USD
SOURCE

USDX is an asset designed to be pegged to the USD, fully backed by at least a 1:1 amount of cash and cash-equivalent reserves and is available on multiple blockchains.

PRICE$0.9927
24H CHANGE▼ 0.10%
MARKET CAP$22.85MFDV $22.85M · Fully circulating
RANK#841
SUPPLY23.0M USDX
DOMINANCE<0.01%
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$0.9999
24H CHANGE▲ 0.00%
MARKET CAP$184.06BFDV $189.53B · 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
8.1Kx bigger
USDX$22.85M
USDT$184.06B
THE CLIMBHex Trust USD logoUSDX→Tether logoUSDTMULTIPLIER▲ 8.1KxGAP$184.04B
$100.00M$1.00B$10.00B$100.00B
Hex Trust USD logo
SOURCEUSDX$22.85M
Tether logo
TARGETUSDT$184.06B
Golem logo
GLM$129.40M
GUSD logo
GUSD$149.54M
Sentient logo
SENT$167.08M
Collector Crypt logo
CARDS$214.22M
Zebec Network logo
ZBCN$253.54M
Ondo Short-Term U.S. Government Bond Fund logo
OUSG$321.23M
Pendle logo
PENDLE$423.99M
Curve DAO logo
CRV$589.71M
Aerodrome Finance logo
AERO$867.32M
USDD logo
USDD$1.54B
Ripple USD logo
RLUSD$2.50B
Litecoin logo
LTC$5.49B
log scale · mcap in USDOct 4, 2026
Hex Trust USD logo
USDXHex Trust USD
$22.85MSOURCE
Golem logo
GLM
$129.40M
GUSD logo
GUSD
$149.54M
Sentient logo
SENT
$167.08M
Collector Crypt logo
CARDS
$214.22M
Zebec Network logo
ZBCN
$253.54M
Ondo Short-Term U.S. Government Bond Fund logo
OUSG
$321.23M
Pendle logo
PENDLE
$423.99M
Curve DAO logo
CRV
$589.71M
Aerodrome Finance logo
AERO
$867.32M
USDD logo
USDD
$1.54B
Ripple USD logo
RLUSD
$2.50B
Litecoin logo
LTC
$5.49B
Tether logo
USDTTether
$184.06BTARGET
mcap in USDOct 4, 2026
BAG SCENARIOS·IF USDX HIT USDT MCAP·TARGET $7,996.25
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 USDX$99.27$799,625.40+$799,526.13
Coffee money1K USDX$992.73$7,996,254.03+$7,995,261.31
Small bag10K USDX$9,927.26$79,962,540.32+$79,952,613.06
Real bag100K USDX$99,272.60$799,625,403.25+$799,526,130.65
Whale bag1M USDX$992,726.00$7,996,254,032.48+$7,995,261,306.48
Generational10M USDX$9,927,260.00$79,962,540,324.79+$79,952,613,064.79
$184.06B 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 Hex Trust USD (USDX) and Tether (USDT). With Hex Trust USD currently at $0.9927 per coin and a market cap of $22.85M, and Tether at $0.9999 with a market cap of $184.06B, applying Tether's market cap to Hex Trust USD's circulating supply produces a hypothetical USDX price of $7,996.25 — a 8.1Kx move from current.

Hex Trust USD: USDX is an asset designed to be pegged to the USD, fully backed by at least a 1:1 amount of cash and cash-equivalent reserves and is available on multiple blockchains.

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 Hex Trust USD had Tether's market cap, what would the price be?

If Hex Trust USD (USDX) had Tether's (USDT) current market cap of $184.06B, each USDX would be worth approximately $7,996.25 based on the circulating supply of 23,018,744 USDX. That is 8.1Kx the current USDX price of $0.9927.

What is the current market cap of Hex Trust USD?

Hex Trust USD (USDX) currently has a market cap of $22.85M, ranking #841 by market capitalization. Each USDX trades at $0.9927.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.06B, ranking #3 by market capitalization. Each USDT trades at $0.9999.

How does USDX compare to USDT?

Hex Trust USD's market cap of $22.85M sits orders of magnitude beyond Tether's $184.06B. For USDX to reach USDT's current valuation, the price would need to move 8.1Kx 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 Hex Trust 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.