LIVE
BTC$64,032.00 0.59%ETH$1,799.68 0.63%USDT$0.9994 0.04%BNB$586.33 0.54%USDC$1.0000 0.02%XRP$1.15 0.91%SOL$82.01 0.57%TRX$0.3293 0.18%FIGR_HELOC$1.04 0.52%HYPE$70.70 0.46%DOGE$0.0767 1.98%USDS$0.9998 0.01%RAIN$0.0151 0.19%LEO$9.40 1.47%ZEC$456.08 1.47%ADA$0.1846 2.68%XLM$0.2000 1.30%WBT$57.50 0.23%XMR$323.36 1.45%LINK$8.03 0.50%CC$0.1383 2.18%GRAM$1.79 0.54%BCH$241.50 0.97%LAB$15.37 7.79%DAI$0.9998 0.00%USD1$0.9991 0.01%USDE$0.9988 0.03%LTC$44.85 2.10%HBAR$0.0734 3.55%USDG$0.9999 0.01%BTC$64,032.00 0.59%ETH$1,799.68 0.63%USDT$0.9994 0.04%BNB$586.33 0.54%USDC$1.0000 0.02%XRP$1.15 0.91%SOL$82.01 0.57%TRX$0.3293 0.18%FIGR_HELOC$1.04 0.52%HYPE$70.70 0.46%DOGE$0.0767 1.98%USDS$0.9998 0.01%RAIN$0.0151 0.19%LEO$9.40 1.47%ZEC$456.08 1.47%ADA$0.1846 2.68%XLM$0.2000 1.30%WBT$57.50 0.23%XMR$323.36 1.45%LINK$8.03 0.50%CC$0.1383 2.18%GRAM$1.79 0.54%BCH$241.50 0.97%LAB$15.37 7.79%DAI$0.9998 0.00%USD1$0.9991 0.01%USDE$0.9988 0.03%LTC$44.85 2.10%HBAR$0.0734 3.55%USDG$0.9999 0.01%
G.MARKETS/PAIR ANALYSIS·iShares Bitcoin Trust (Ondo Tokenized) logoIBITONUSDC logoUSDC· LIVE· as of 23:44 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

IBITON WOULD BE
$0.00000000
currently $36.29 · target mcap $73.15B
MULTIPLIER
0.00x

IBITON needs a 1.7Kx move to match USDC's valuation

REALITY CHECKAt IBITON's current 24h rate of +0.69%, compounding daily would take ~3.0 years to reach USDC's market cap.
COIN PROFILES·IBITON vs USDC
iShares Bitcoin Trust (Ondo Tokenized) logo
iShares Bitcoin Trust (Ondo Tokenized)
SOURCE

IBITon is the Ondo Tokenized version of the iShares Bitcoin Trust ETF, giving tokenholders economic exposure similar to holding IBIT and reinvesting any dividends.

PRICE$36.29
24H CHANGE 0.69%
MARKET CAP$41.98MFDV $41.98M · Fully circulating
RANK#514
SUPPLY1.2M IBITON
DOMINANCE<0.01%
VS
USDC logo
USDCVerified by G.MARKETS
USDC
TARGET

USDC is a fully collateralized US dollar stablecoin.

PRICE$1.0000
24H CHANGE 0.02%
MARKET CAP$73.15BFDV $73.16B · Fully circulating
RANK#5
SUPPLY73.2B USDC
DOMINANCE2.44%
7d 0.07%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
1.7Kx bigger
IBITON$41.98M
USDC$73.15B
THE CLIMBiShares Bitcoin Trust (Ondo Tokenized) logoIBITONUSDC logoUSDCMULTIPLIER 1.7KxGAP$73.11B
$100.00M$1.00B$10.00B
iShares Bitcoin Trust (Ondo Tokenized) logo
SOURCEIBITON$41.98M
USDC logo
TARGETUSDC$73.15B
Tradable NA Third Party Online Merchant SSTN logo
PC0000015$110.23M
Vision logo
VSN$125.76M
Theta Network logo
THETA$144.58M
EigenCloud (prev. EigenLayer) logo
EIGEN$169.19M
Tradable NA Rent Financing Platform SSTN logo
PC0000031$202.50M
Pendle logo
PENDLE$246.66M
First Digital USD logo
FDUSD$347.37M
A7A5 logo
A7A5$488.85M
Beldex logo
BDX$725.29M
United Stables logo
U$1.03B
OKB logo
OKB$1.68B
Dai logo
DAI$4.64B
log scale · mcap in USDJul 6, 2026
iShares Bitcoin Trust (Ondo Tokenized) logo
IBITONiShares Bitcoin Trust (Ondo Tokenized)
$41.98MSOURCE
Tradable NA Third Party Online Merchant SSTN logo
PC0000015
$110.23M
Vision logo
VSN
$125.76M
Theta Network logo
THETA
$144.58M
EigenCloud (prev. EigenLayer) logo
EIGEN
$169.19M
Tradable NA Rent Financing Platform SSTN logo
PC0000031
$202.50M
Pendle logo
PENDLE
$246.66M
First Digital USD logo
FDUSD
$347.37M
A7A5 logo
A7A5
$488.85M
Beldex logo
BDX
$725.29M
United Stables logo
U
$1.03B
OKB logo
OKB
$1.68B
Dai logo
DAI
$4.64B
USDC logo
USDCUSDC
$73.15BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF IBITON HIT USDC MCAP·TARGET $63,225.17
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 IBITON$3,629.00$6,322,517.21+$6,318,888.21
Coffee money1K IBITON$36,290.00$63,225,172.10+$63,188,882.10
Small bag10K IBITON$362,900.00$632,251,720.98+$631,888,820.98
Real bag100K IBITON$3,629,000.00$6,322,517,209.77+$6,318,888,209.77
Whale bag1M IBITON$36,290,000.00$63,225,172,097.66+$63,188,882,097.66
Generational10M IBITON$362,900,000.00$632,251,720,976.59+$631,888,820,976.59
$73.15B compared to the world
UberUBER
$160.00B
USDC mcap is 45.7% of Uber
NikeNKE
$130.00B
USDC mcap is 56.3% of Nike
StarbucksSBUX
$100.00B
USDC mcap is 73.2% of Starbucks
SpotifySPOT
$90.00B
USDC mcap is 81.3% of Spotify
RobloxRBLX
$30.00B
USDC mcap is 2.44× Roblox
RedditRDDT
$25.00B
USDC mcap is 2.93× Reddit

About this comparison

This page compares the market capitalizations of iShares Bitcoin Trust (Ondo Tokenized) (IBITON) and USDC (USDC). With iShares Bitcoin Trust (Ondo Tokenized) currently at $36.29 per coin and a market cap of $41.98M, and USDC at $1.0000 with a market cap of $73.15B, applying USDC's market cap to iShares Bitcoin Trust (Ondo Tokenized)'s circulating supply produces a hypothetical IBITON price of $63,225.17 — a 1.7Kx move from current.

iShares Bitcoin Trust (Ondo Tokenized): IBITon is the Ondo Tokenized version of the iShares Bitcoin Trust ETF, giving tokenholders economic exposure similar to holding IBIT and reinvesting any dividends.

USDC: USDC is a fully collateralized US dollar stablecoin.

All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.

Frequently asked

If iShares Bitcoin Trust (Ondo Tokenized) had USDC's market cap, what would the price be?

If iShares Bitcoin Trust (Ondo Tokenized) (IBITON) had USDC's (USDC) current market cap of $73.15B, each IBITON would be worth approximately $63,225.17 based on the circulating supply of 1,156,978 IBITON. That is 1.7Kx the current IBITON price of $36.29.

What is the current market cap of iShares Bitcoin Trust (Ondo Tokenized)?

iShares Bitcoin Trust (Ondo Tokenized) (IBITON) currently has a market cap of $41.98M, ranking #514 by market capitalization. Each IBITON trades at $36.29.

What is the current market cap of USDC?

USDC (USDC) currently has a market cap of $73.15B, ranking #5 by market capitalization. Each USDC trades at $1.0000.

How does IBITON compare to USDC?

iShares Bitcoin Trust (Ondo Tokenized)'s market cap of $41.98M sits orders of magnitude beyond USDC's $73.15B. For IBITON to reach USDC's current valuation, the price would need to move 1.7Kx 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 iShares Bitcoin Trust (Ondo Tokenized)'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.