LIVE
BTC$64,187.00 2.03%ETH$1,811.66 1.76%USDT$0.9993 0.02%BNB$588.44 0.02%USDC$0.9999 0.01%XRP$1.15 0.78%SOL$82.53 1.26%TRX$0.3291 0.34%FIGR_HELOC$1.04 0.52%HYPE$71.17 0.39%DOGE$0.0773 0.21%USDS$0.9998 0.00%RAIN$0.0151 1.01%LEO$9.41 1.58%ZEC$454.50 1.71%ADA$0.1856 2.70%XLM$0.2017 0.08%WBT$57.61 1.26%XMR$324.91 1.20%LINK$8.06 0.48%CC$0.1384 1.78%LAB$15.85 6.56%BCH$246.58 0.59%GRAM$1.79 0.75%DAI$0.9998 0.02%USD1$0.9990 0.01%USDE$0.9988 0.02%LTC$45.33 0.84%HBAR$0.0738 2.36%USDG$0.9998 0.01%BTC$64,187.00 2.03%ETH$1,811.66 1.76%USDT$0.9993 0.02%BNB$588.44 0.02%USDC$0.9999 0.01%XRP$1.15 0.78%SOL$82.53 1.26%TRX$0.3291 0.34%FIGR_HELOC$1.04 0.52%HYPE$71.17 0.39%DOGE$0.0773 0.21%USDS$0.9998 0.00%RAIN$0.0151 1.01%LEO$9.41 1.58%ZEC$454.50 1.71%ADA$0.1856 2.70%XLM$0.2017 0.08%WBT$57.61 1.26%XMR$324.91 1.20%LINK$8.06 0.48%CC$0.1384 1.78%LAB$15.85 6.56%BCH$246.58 0.59%GRAM$1.79 0.75%DAI$0.9998 0.02%USD1$0.9990 0.01%USDE$0.9988 0.02%LTC$45.33 0.84%HBAR$0.0738 2.36%USDG$0.9998 0.01%
G.MARKETS/PAIR ANALYSIS·Irys logoIRYSTether logoUSDT· LIVE· as of 21:51 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

IRYS WOULD BE
$0.00000000
currently $0.0152 · target mcap $184.21B
MULTIPLIER
0.00x

IRYS needs a 6.0Kx move to match USDT's valuation

REALITY CHECKAt IRYS's current 24h rate of +0.13%, compounding daily would take ~19 years to reach USDT's market cap.
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$0.0152
24H CHANGE 0.13%
MARKET CAP$30.49MFDV $152.46M · 80% supply locked
RANK#643
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$0.9993
24H CHANGE 0.02%
MARKET CAP$184.21BFDV $189.67B · 3% supply locked
RANK#3
SUPPLY184.3B USDT
DOMINANCE6.14%
7d 0.07%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
6.0Kx bigger
IRYS$30.49M
USDT$184.21B
THE CLIMBIrys logoIRYSTether logoUSDTMULTIPLIER 6.0KxGAP$184.18B
$100.00M$1.00B$10.00B$100.00B
Irys logo
SOURCEIRYS$30.49M
Tether logo
TARGETUSDT$184.21B
GALA logo
GALA$111.04M
Vision logo
VSN$125.86M
Zano logo
ZANO$145.96M
IOTA logo
IOTA$171.87M
The Graph logo
GRT$201.08M
Pendle logo
PENDLE$250.53M
First Digital USD logo
FDUSD$347.39M
TrueUSD logo
TUSD$493.61M
ADI logo
ADI$735.72M
Ethereum Classic logo
ETC$1.12B
World Liberty Financial logo
WLFI$1.88B
Gram (prev. Toncoin) logo
GRAM$4.87B
log scale · mcap in USDJul 6, 2026
Irys logo
IRYSIrys
$30.49MSOURCE
GALA logo
GALA
$111.04M
Vision logo
VSN
$125.86M
Zano logo
ZANO
$145.96M
IOTA logo
IOTA
$171.87M
The Graph logo
GRT
$201.08M
Pendle logo
PENDLE
$250.53M
First Digital USD logo
FDUSD
$347.39M
TrueUSD logo
TUSD
$493.61M
ADI logo
ADI
$735.72M
Ethereum Classic logo
ETC
$1.12B
World Liberty Financial logo
WLFI
$1.88B
Gram (prev. Toncoin) logo
GRAM
$4.87B
Tether logo
USDTTether
$184.21BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF IRYS HIT USDT MCAP·TARGET $92.10
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 IRYS$1.52$9,210.47+$9,208.94
Coffee money1K IRYS$15.25$92,104.69+$92,089.44
Small bag10K IRYS$152.47$921,046.89+$920,894.43
Real bag100K IRYS$1,524.69$9,210,468.95+$9,208,944.26
Whale bag1M IRYS$15,246.87$92,104,689.47+$92,089,442.60
Generational10M IRYS$152,468.70$921,046,894.65+$920,894,425.95
$184.21B 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

About this comparison

This page compares the market capitalizations of Irys (IRYS) and Tether (USDT). With Irys currently at $0.0152 per coin and a market cap of $30.49M, and Tether at $0.9993 with a market cap of $184.21B, applying Tether's market cap to Irys's circulating supply produces a hypothetical IRYS price of $92.10 — a 6.0Kx 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 $184.21B, each IRYS would be worth approximately $92.10 based on the circulating supply of 2,000,000,000 IRYS. That is 6.0Kx the current IRYS price of $0.0152.

What is the current market cap of Irys?

Irys (IRYS) currently has a market cap of $30.49M, ranking #643 by market capitalization. Each IRYS trades at $0.0152.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.21B, ranking #3 by market capitalization. Each USDT trades at $0.9993.

How does IRYS compare to USDT?

Irys's market cap of $30.49M sits orders of magnitude beyond Tether's $184.21B. For IRYS to reach USDT's current valuation, the price would need to move 6.0Kx 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.