LIVE
BTC$85,682.00▲ 0.63%ETH$2,703.55▲ 0.30%USDT$0.9998▼ 0.01%BNB$787.28▲ 0.09%XRP$1.50▲ 0.29%USDC$0.9999▼ 0.01%SOL$119.62▼ 1.57%TRX$0.3363▲ 0.25%FIGR_HELOC$1.07▲ 0.00%ZEC$1,334.86▲ 0.62%HYPE$92.45▲ 2.76%DOGE$0.0953▲ 1.73%LINK$13.93▼ 1.40%XMR$550.13▲ 0.08%ADA$0.2709▲ 10.40%WBT$85.47▲ 0.85%USDS$0.9998▼ 0.02%RAIN$0.0117▼ 3.11%LEO$8.95▼ 0.51%XLM$0.2170▲ 0.28%NEAR$5.03▲ 3.46%BCH$313.80▼ 1.25%UNI$8.94▼ 1.08%LTC$71.17▼ 0.03%SUI$1.20▼ 0.31%CC$0.1236▼ 1.26%USDE$0.9997▼ 0.00%AVAX$10.90▼ 1.19%DAI$0.9998▲ 0.01%HBAR$0.1015▼ 0.76%BTC$85,682.00▲ 0.63%ETH$2,703.55▲ 0.30%USDT$0.9998▼ 0.01%BNB$787.28▲ 0.09%XRP$1.50▲ 0.29%USDC$0.9999▼ 0.01%SOL$119.62▼ 1.57%TRX$0.3363▲ 0.25%FIGR_HELOC$1.07▲ 0.00%ZEC$1,334.86▲ 0.62%HYPE$92.45▲ 2.76%DOGE$0.0953▲ 1.73%LINK$13.93▼ 1.40%XMR$550.13▲ 0.08%ADA$0.2709▲ 10.40%WBT$85.47▲ 0.85%USDS$0.9998▼ 0.02%RAIN$0.0117▼ 3.11%LEO$8.95▼ 0.51%XLM$0.2170▲ 0.28%NEAR$5.03▲ 3.46%BCH$313.80▼ 1.25%UNI$8.94▼ 1.08%LTC$71.17▼ 0.03%SUI$1.20▼ 0.31%CC$0.1236▼ 1.26%USDE$0.9997▼ 0.00%AVAX$10.90▼ 1.19%DAI$0.9998▲ 0.01%HBAR$0.1015▼ 0.76%
G.MARKETS/PAIR ANALYSIS·Irys logoIRYS→Tether logoUSDT· LIVE· as of 14:42 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

IRYS WOULD BE
$0.00000000
currently $0.0158 · target mcap $184.06B
▲ 0.00x TO MATCHIRYS NEEDS A 5.8Kx MOVE TO MATCH USDT
COIN PROFILES·IRYS vs USDT
Irys logo
Irys
SOURCE

Irys is a Layer 1 datachain that unifies onchain data storage and smart contract execution into a single network.

PRICE$0.0158
24H CHANGE▼ 0.50%
MARKET CAP$31.69MFDV $158.44M · 80% supply locked
RANK#677
SUPPLY2.0B IRYS
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$0.9998
24H CHANGE▼ 0.01%
MARKET CAP$184.06BFDV $189.52B · 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
5.8Kx bigger
IRYS$31.69M
USDT$184.06B
THE CLIMBIrys logoIRYS→Tether logoUSDTMULTIPLIER▲ 5.8KxGAP$184.02B
$100.00M$1.00B$10.00B$100.00B
Irys logo
SOURCEIRYS$31.69M
Tether logo
TARGETUSDT$184.06B
Seeker logo
SKR$127.52M
GUSD logo
GUSD$149.53M
Non-Playable Coin logo
NPC$168.14M
Shuffle logo
SHFL$211.27M
Zebec Network logo
ZBCN$253.18M
Ondo Short-Term U.S. Government Bond Fund logo
OUSG$321.23M
SPX6900 logo
SPX$416.81M
Curve DAO logo
CRV$587.75M
Aerodrome Finance logo
AERO$852.64M
Spiko Amundi Overnight Swap Fund (EUR) logo
EURSAFO$1.53B
OKB logo
OKB$2.64B
Litecoin logo
LTC$5.52B
log scale · mcap in USDOct 5, 2026
Irys logo
IRYSIrys
$31.69MSOURCE
Seeker logo
SKR
$127.52M
GUSD logo
GUSD
$149.53M
Non-Playable Coin logo
NPC
$168.14M
Shuffle logo
SHFL
$211.27M
Zebec Network logo
ZBCN
$253.18M
Ondo Short-Term U.S. Government Bond Fund logo
OUSG
$321.23M
SPX6900 logo
SPX
$416.81M
Curve DAO logo
CRV
$587.75M
Aerodrome Finance logo
AERO
$852.64M
Spiko Amundi Overnight Swap Fund (EUR) logo
EURSAFO
$1.53B
OKB logo
OKB
$2.64B
Litecoin logo
LTC
$5.52B
Tether logo
USDTTether
$184.06BTARGET
mcap in USDOct 5, 2026
BAG SCENARIOS·IF IRYS HIT USDT MCAP·TARGET $92.03
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 IRYS$1.58$9,202.80+$9,201.21
Coffee money1K IRYS$15.84$92,027.98+$92,012.13
Small bag10K IRYS$158.44$920,279.77+$920,121.33
Real bag100K IRYS$1,584.40$9,202,797.70+$9,201,213.29
Whale bag1M IRYS$15,844.01$92,027,976.95+$92,012,132.94
Generational10M IRYS$158,440.10$920,279,769.55+$920,121,329.45
$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 Irys (IRYS) and Tether (USDT). With Irys currently at $0.0158 per coin and a market cap of $31.69M, and Tether at $0.9998 with a market cap of $184.06B, applying Tether's market cap to Irys's circulating supply produces a hypothetical IRYS price of $92.03 — a 5.8Kx move from current.

Irys: Irys is a Layer 1 datachain that unifies onchain data storage and smart contract execution into a single network.

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 Irys had Tether's market cap, what would the price be?

If Irys (IRYS) had Tether's (USDT) current market cap of $184.06B, each IRYS would be worth approximately $92.03 based on the circulating supply of 2,000,000,000 IRYS. That is 5.8Kx the current IRYS price of $0.0158.

What is the current market cap of Irys?

Irys (IRYS) currently has a market cap of $31.69M, ranking #677 by market capitalization. Each IRYS trades at $0.0158.

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 $0.9998.

How does IRYS compare to USDT?

Irys's market cap of $31.69M sits orders of magnitude beyond Tether's $184.06B. For IRYS to reach USDT's current valuation, the price would need to move 5.8Kx 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 Irys'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.