LIVE
BTC$60,635.00 5.68%ETH$1,609.23 9.92%USDT$0.9992 0.02%BNB$582.56 3.61%USDC$0.9996 0.00%XRP$1.10 6.48%SOL$64.42 8.40%TRX$0.3242 1.32%FIGR_HELOC$1.02 1.80%HYPE$61.13 8.86%DOGE$0.0820 8.08%USDS$0.9996 0.01%LEO$9.82 1.54%RAIN$0.0134 6.05%XLM$0.1869 10.62%XMR$323.25 7.58%ADA$0.1592 15.55%CC$0.1461 3.16%LINK$7.38 8.69%WBT$43.55 6.18%ZEC$307.03 41.48%USD1$1.0000 0.10%USDE$0.9993 0.06%BCH$216.95 13.20%DAI$0.9996 0.01%TON$1.51 14.59%M$3.06 8.56%LAB$11.30 38.47%HBAR$0.0806 5.98%LTC$43.17 7.71%BTC$60,635.00 5.68%ETH$1,609.23 9.92%USDT$0.9992 0.02%BNB$582.56 3.61%USDC$0.9996 0.00%XRP$1.10 6.48%SOL$64.42 8.40%TRX$0.3242 1.32%FIGR_HELOC$1.02 1.80%HYPE$61.13 8.86%DOGE$0.0820 8.08%USDS$0.9996 0.01%LEO$9.82 1.54%RAIN$0.0134 6.05%XLM$0.1869 10.62%XMR$323.25 7.58%ADA$0.1592 15.55%CC$0.1461 3.16%LINK$7.38 8.69%WBT$43.55 6.18%ZEC$307.03 41.48%USD1$1.0000 0.10%USDE$0.9993 0.06%BCH$216.95 13.20%DAI$0.9996 0.01%TON$1.51 14.59%M$3.06 8.56%LAB$11.30 38.47%HBAR$0.0806 5.98%LTC$43.17 7.71%
G.MARKETS/PAIR ANALYSIS·iShares Gold Trust (Ondo Tokenized Stock) logoIAUONUSDC logoUSDC· LIVE· as of 14:06 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap →

IAUON WOULD BE
$486,125.02
currently $82.55 · target mcap $75.52B
MULTIPLIER
5.9Kx

IAUON needs a 5.9Kx move to match USDC's valuation

COIN PROFILES·IAUON vs USDC
iShares Gold Trust (Ondo Tokenized Stock) logo
iShares Gold Trust (Ondo Tokenized Stock)
SOURCE

IAUon is the Ondo Tokenized version of iShares Gold Trust, giving tokenholders economic exposure similar to holding IAU and reinvesting any dividends.

PRICE$82.55
24H CHANGE 2.16%
MARKET CAP$12.84MFDV $12.84M · Fully circulating
RANK#1005
SUPPLY155K IAUON
DOMINANCE<0.01%
VS
USDC logo
USDCVerified by G.MARKETS
USDC
TARGET

USDC is a fully collateralized US dollar stablecoin.

PRICE$0.9996
24H CHANGE 0.00%
MARKET CAP$75.52BFDV $75.55B · Fully circulating
RANK#5
SUPPLY75.5B USDC
DOMINANCE2.52%
7d 0.01%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
5.9Kx bigger
IAUON$12.84M
USDC$75.52B
THE CLIMBiShares Gold Trust (Ondo Tokenized Stock) logoIAUONUSDC logoUSDCMULTIPLIER 5.9KxGAP$75.50B
$100.00M$1.00B$10.00B
iShares Gold Trust (Ondo Tokenized Stock) logo
SOURCEIAUON$12.84M
USDC logo
TARGETUSDC$75.52B
Vision logo
VSN$112.73M
Flying Tulip logo
FT$124.33M
Maple Finance logo
SYRUP$147.68M
Akash Network logo
AKT$166.49M
ETHGas logo
GWEI$209.71M
Bitcoin SV logo
BSV$246.94M
Kinesis Gold logo
KAU$335.37M
Spiko Amundi Overnight Swap Fund (EUR) logo
EURSAFO$453.36M
Beldex logo
BDX$612.23M
United Stables logo
U$999.66M
Mantle logo
MNT$1.73B
Dai logo
DAI$4.34B
log scale · mcap in USDJun 5, 2026
iShares Gold Trust (Ondo Tokenized Stock) logo
IAUONiShares Gold Trust (Ondo Tokenized Stock)
$12.84MSOURCE
Vision logo
VSN
$112.73M
Flying Tulip logo
FT
$124.33M
Maple Finance logo
SYRUP
$147.68M
Akash Network logo
AKT
$166.49M
ETHGas logo
GWEI
$209.71M
Bitcoin SV logo
BSV
$246.94M
Kinesis Gold logo
KAU
$335.37M
Spiko Amundi Overnight Swap Fund (EUR) logo
EURSAFO
$453.36M
Beldex logo
BDX
$612.23M
United Stables logo
U
$999.66M
Mantle logo
MNT
$1.73B
Dai logo
DAI
$4.34B
USDC logo
USDCUSDC
$75.52BTARGET
mcap in USDJun 5, 2026
BAG SCENARIOS·IF IAUON HIT USDC MCAP·TARGET $486,125.02
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 IAUON$8,255.00$48,612,501.97+$48,604,246.97
Coffee money1K IAUON$82,550.00$486,125,019.72+$486,042,469.72
Small bag10K IAUON$825,500.00$4,861,250,197.16+$4,860,424,697.16
Real bag100K IAUON$8,255,000.00$48,612,501,971.59+$48,604,246,971.59
Whale bag1M IAUON$82,550,000.00$486,125,019,715.88+$486,042,469,715.88
Generational10M IAUON$825,500,000.00$4,861,250,197,158.80+$4,860,424,697,158.80
$75.52B compared to the world
UberUBER
$160.00B
USDC mcap is 47.2% of Uber
NikeNKE
$130.00B
USDC mcap is 58.1% of Nike
StarbucksSBUX
$100.00B
USDC mcap is 75.5% of Starbucks
SpotifySPOT
$90.00B
USDC mcap is 83.9% of Spotify
RobloxRBLX
$30.00B
USDC mcap is 2.52× Roblox
RedditRDDT
$25.00B
USDC mcap is 3.02× Reddit

About this comparison

This page compares the market capitalizations of iShares Gold Trust (Ondo Tokenized Stock) (IAUON) and USDC (USDC). With iShares Gold Trust (Ondo Tokenized Stock) currently at $82.55 per coin and a market cap of $12.84M, and USDC at $0.9996 with a market cap of $75.52B, applying USDC's market cap to iShares Gold Trust (Ondo Tokenized Stock)'s circulating supply produces a hypothetical IAUON price of $486,125.02 — a 5.9Kx move from current.

iShares Gold Trust (Ondo Tokenized Stock): IAUon is the Ondo Tokenized version of iShares Gold Trust, giving tokenholders economic exposure similar to holding IAU 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 Gold Trust (Ondo Tokenized Stock) had USDC's market cap, what would the price be?

If iShares Gold Trust (Ondo Tokenized Stock) (IAUON) had USDC's (USDC) current market cap of $75.52B, each IAUON would be worth approximately $486,125.02 based on the circulating supply of 155,342 IAUON. That is 5.9Kx the current IAUON price of $82.55.

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

iShares Gold Trust (Ondo Tokenized Stock) (IAUON) currently has a market cap of $12.84M, ranking #1005 by market capitalization. Each IAUON trades at $82.55.

What is the current market cap of USDC?

USDC (USDC) currently has a market cap of $75.52B, ranking #5 by market capitalization. Each USDC trades at $0.9996.

How does IAUON compare to USDC?

iShares Gold Trust (Ondo Tokenized Stock)'s market cap of $12.84M sits orders of magnitude beyond USDC's $75.52B. For IAUON to reach USDC's current valuation, the price would need to move 5.9Kx 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 Gold Trust (Ondo Tokenized Stock)'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.