LIVE
BTC$85,358.00▲ 0.03%ETH$2,700.91▲ 0.07%USDT$0.9999▲ 0.00%BNB$787.42▼ 0.00%XRP$1.49▼ 0.63%USDC$1.0000▲ 0.00%SOL$119.45▼ 1.82%TRX$0.3363▲ 0.20%FIGR_HELOC$1.06▲ 0.00%ZEC$1,300.27▼ 1.93%HYPE$92.91▲ 3.28%DOGE$0.0946▲ 0.27%XMR$554.54▲ 1.22%LINK$13.84▼ 2.08%WBT$85.15▲ 0.31%USDS$0.9999▲ 0.00%ADA$0.2640▲ 6.49%RAIN$0.0116▼ 1.90%LEO$8.95▼ 0.49%XLM$0.2126▼ 2.62%NEAR$5.00▲ 3.58%BCH$314.39▼ 0.89%UNI$8.92▼ 1.17%LTC$70.17▼ 2.13%CC$0.1250▼ 1.34%USDE$0.9998▲ 0.01%SUI$1.19▼ 5.57%AVAX$10.89▼ 1.87%DAI$1.00▲ 0.01%HBAR$0.1008▼ 1.66%BTC$85,358.00▲ 0.03%ETH$2,700.91▲ 0.07%USDT$0.9999▲ 0.00%BNB$787.42▼ 0.00%XRP$1.49▼ 0.63%USDC$1.0000▲ 0.00%SOL$119.45▼ 1.82%TRX$0.3363▲ 0.20%FIGR_HELOC$1.06▲ 0.00%ZEC$1,300.27▼ 1.93%HYPE$92.91▲ 3.28%DOGE$0.0946▲ 0.27%XMR$554.54▲ 1.22%LINK$13.84▼ 2.08%WBT$85.15▲ 0.31%USDS$0.9999▲ 0.00%ADA$0.2640▲ 6.49%RAIN$0.0116▼ 1.90%LEO$8.95▼ 0.49%XLM$0.2126▼ 2.62%NEAR$5.00▲ 3.58%BCH$314.39▼ 0.89%UNI$8.92▼ 1.17%LTC$70.17▼ 2.13%CC$0.1250▼ 1.34%USDE$0.9998▲ 0.01%SUI$1.19▼ 5.57%AVAX$10.89▼ 1.87%DAI$1.00▲ 0.01%HBAR$0.1008▼ 1.66%
G.MARKETS/PAIR ANALYSIS·Janus Henderson Anemoy Treasury Fund logoJTRSY→Tether logoUSDT· LIVE· as of 15:46 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

JTRSY WOULD BE
$0.00000000
currently $1.12 · target mcap $184.08B
▲ 0.00x TO MATCHJTRSY NEEDS A 563x MOVE TO MATCH USDT
REALITY CHECKAt JTRSY's current 24h rate of +0.03%, compounding daily would take ~56 years to reach USDT's market cap.
COIN PROFILES·JTRSY vs USDT
Janus Henderson Anemoy Treasury Fund logo
Janus Henderson Anemoy Treasury Fund
SOURCE

Anemoy is a Web3 native asset manager powered by Centrifuge, offering investors seamless access to a diverse range of real world asset investment opportunities.

PRICE$1.12
24H CHANGE▲ 0.03%
MARKET CAP$326.31MFDV $326.31M · Fully circulating
RANK#144
SUPPLY291.8M JTRSY
DOMINANCE0.01%
7d▲ 0.09%
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$184.08BFDV $189.54B · 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
564x bigger
JTRSY$326.31M
USDT$184.08B
THE CLIMBJanus Henderson Anemoy Treasury Fund logoJTRSY→Tether logoUSDTMULTIPLIER▲ 564xGAP$183.75B
$1.00B$10.00B$100.00B
Janus Henderson Anemoy Treasury Fund logo
SOURCEJTRSY$326.31M
Tether logo
TARGETUSDT$184.08B
Sun Token logo
SUN$330.92M
Falcon Finance logo
FF$385.94M
Sei logo
SEI$485.80M
Beldex logo
BDX$580.82M
​​Stable logo
STABLE$719.52M
Aerodrome Finance logo
AERO$852.56M
Gate logo
GT$1.16B
World Liberty Financial logo
WLFI$1.75B
BlackRock USD Institutional Digital Liquidity Fund logo
BUIDL$2.26B
Ethena logo
ENA$3.31B
Ethena USDe logo
USDE$4.91B
WhiteBIT Coin logo
WBT$10.12B
log scale · mcap in USDOct 5, 2026
Janus Henderson Anemoy Treasury Fund logo
JTRSYJanus Henderson Anemoy Treasury Fund
$326.31MSOURCE
Sun Token logo
SUN
$330.92M
Falcon Finance logo
FF
$385.94M
Sei logo
SEI
$485.80M
Beldex logo
BDX
$580.82M
​​Stable logo
STABLE
$719.52M
Aerodrome Finance logo
AERO
$852.56M
Gate logo
GT
$1.16B
World Liberty Financial logo
WLFI
$1.75B
BlackRock USD Institutional Digital Liquidity Fund logo
BUIDL
$2.26B
Ethena logo
ENA
$3.31B
Ethena USDe logo
USDE
$4.91B
WhiteBIT Coin logo
WBT
$10.12B
Tether logo
USDTTether
$184.08BTARGET
mcap in USDOct 5, 2026
BAG SCENARIOS·IF JTRSY HIT USDT MCAP·TARGET $630.81
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 JTRSY$112.00$63,081.13+$62,969.13
Coffee money1K JTRSY$1,120.00$630,811.35+$629,691.35
Small bag10K JTRSY$11,200.00$6,308,113.47+$6,296,913.47
Real bag100K JTRSY$112,000.00$63,081,134.72+$62,969,134.72
Whale bag1M JTRSY$1,120,000.00$630,811,347.23+$629,691,347.23
Generational10M JTRSY$11,200,000.00$6,308,113,472.28+$6,296,913,472.28
$184.08B 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 Janus Henderson Anemoy Treasury Fund (JTRSY) and Tether (USDT). With Janus Henderson Anemoy Treasury Fund currently at $1.12 per coin and a market cap of $326.31M, and Tether at $0.9999 with a market cap of $184.08B, applying Tether's market cap to Janus Henderson Anemoy Treasury Fund's circulating supply produces a hypothetical JTRSY price of $630.81 — a 563x move from current.

Janus Henderson Anemoy Treasury Fund: Anemoy is a Web3 native asset manager powered by Centrifuge, offering investors seamless access to a diverse range of real world asset investment opportunities.

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 Janus Henderson Anemoy Treasury Fund had Tether's market cap, what would the price be?

If Janus Henderson Anemoy Treasury Fund (JTRSY) had Tether's (USDT) current market cap of $184.08B, each JTRSY would be worth approximately $630.81 based on the circulating supply of 291,807,108 JTRSY. That is 563x the current JTRSY price of $1.12.

What is the current market cap of Janus Henderson Anemoy Treasury Fund?

Janus Henderson Anemoy Treasury Fund (JTRSY) currently has a market cap of $326.31M, ranking #144 by market capitalization. Each JTRSY trades at $1.12.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.08B, ranking #3 by market capitalization. Each USDT trades at $0.9999.

How does JTRSY compare to USDT?

Janus Henderson Anemoy Treasury Fund's market cap of $326.31M sits far above Tether's $184.08B. For JTRSY to reach USDT's current valuation, the price would need to move 563x 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 Janus Henderson Anemoy Treasury Fund'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.