LIVE
BTC$64,019.00 0.73%ETH$1,798.49 0.79%USDT$0.9993 0.03%BNB$586.08 0.50%USDC$0.9999 0.02%XRP$1.15 1.03%SOL$81.97 0.47%TRX$0.3293 0.15%FIGR_HELOC$1.04 0.52%HYPE$70.69 0.57%DOGE$0.0766 1.79%USDS$0.9998 0.01%RAIN$0.0151 0.16%LEO$9.39 1.38%ZEC$455.83 1.53%ADA$0.1844 2.78%XLM$0.1998 1.40%WBT$57.50 0.27%XMR$323.29 1.47%LINK$8.02 0.60%CC$0.1383 2.20%GRAM$1.79 0.47%BCH$241.61 0.93%LAB$15.42 7.69%DAI$0.9998 0.00%USD1$0.9991 0.01%USDE$0.9988 0.03%LTC$44.82 2.11%HBAR$0.0734 3.55%USDG$0.9998 0.02%BTC$64,019.00 0.73%ETH$1,798.49 0.79%USDT$0.9993 0.03%BNB$586.08 0.50%USDC$0.9999 0.02%XRP$1.15 1.03%SOL$81.97 0.47%TRX$0.3293 0.15%FIGR_HELOC$1.04 0.52%HYPE$70.69 0.57%DOGE$0.0766 1.79%USDS$0.9998 0.01%RAIN$0.0151 0.16%LEO$9.39 1.38%ZEC$455.83 1.53%ADA$0.1844 2.78%XLM$0.1998 1.40%WBT$57.50 0.27%XMR$323.29 1.47%LINK$8.02 0.60%CC$0.1383 2.20%GRAM$1.79 0.47%BCH$241.61 0.93%LAB$15.42 7.69%DAI$0.9998 0.00%USD1$0.9991 0.01%USDE$0.9988 0.03%LTC$44.82 2.11%HBAR$0.0734 3.55%USDG$0.9998 0.02%
G.MARKETS/PAIR ANALYSIS·JPY Coin v1 logoJPYCTether logoUSDT· LIVE· as of 23:48 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

JPYC WOULD BE
$0.00000000
currently $0.007535 · target mcap $184.21B
MULTIPLIER
0.00x

JPYC needs a 9.7Kx move to match USDT's valuation

REALITY CHECKAt JPYC's current 24h rate of +1.33%, compounding daily would take ~1.9 years to reach USDT's market cap.
COIN PROFILES·JPYC vs USDT
JPY Coin v1 logo
JPY Coin v1
SOURCE

Stablecoin project from Japan that is pegged to JPY.

PRICE$0.007535
24H CHANGE 1.33%
MARKET CAP$18.92MFDV $18.92M · Fully circulating
RANK#853
SUPPLY2.5B JPYC
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 0.03%
MARKET CAP$184.21BFDV $189.67B · 3% supply locked
RANK#3
SUPPLY184.3B USDT
DOMINANCE6.14%
7d 0.11%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
9.7Kx bigger
JPYC$18.92M
USDT$184.21B
THE CLIMBJPY Coin v1 logoJPYCTether logoUSDTMULTIPLIER 9.7KxGAP$184.19B
$100.00M$1.00B$10.00B$100.00B
JPY Coin v1 logo
SOURCEJPYC$18.92M
Tether logo
TARGETUSDT$184.21B
Tradable NA Third Party Online Merchant SSTN logo
PC0000015$110.23M
CASH logo
CASH$126.54M
Theta Network logo
THETA$144.56M
Spiko US T-Bills Money Market Fund logo
USTBL$170.80M
Tradable NA Rent Financing Platform SSTN logo
PC0000031$202.50M
Unibase logo
UB$253.36M
Grass logo
GRASS$348.22M
TrueUSD logo
TUSD$493.61M
ADI logo
ADI$736.26M
Ethereum Classic logo
ETC$1.11B
World Liberty Financial logo
WLFI$1.86B
LAB logo
LAB$4.82B
log scale · mcap in USDJul 6, 2026
JPY Coin v1 logo
JPYCJPY Coin v1
$18.92MSOURCE
Tradable NA Third Party Online Merchant SSTN logo
PC0000015
$110.23M
CASH logo
CASH
$126.54M
Theta Network logo
THETA
$144.56M
Spiko US T-Bills Money Market Fund logo
USTBL
$170.80M
Tradable NA Rent Financing Platform SSTN logo
PC0000031
$202.50M
Unibase logo
UB
$253.36M
Grass logo
GRASS
$348.22M
TrueUSD logo
TUSD
$493.61M
ADI logo
ADI
$736.26M
Ethereum Classic logo
ETC
$1.11B
World Liberty Financial logo
WLFI
$1.86B
LAB logo
LAB
$4.82B
Tether logo
USDTTether
$184.21BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF JPYC HIT USDT MCAP·TARGET $73.35
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 JPYC$0.7535$7,335.05+$7,334.30
Coffee money1K JPYC$7.53$73,350.52+$73,342.98
Small bag10K JPYC$75.35$733,505.17+$733,429.82
Real bag100K JPYC$753.48$7,335,051.72+$7,334,298.24
Whale bag1M JPYC$7,534.81$73,350,517.18+$73,342,982.37
Generational10M JPYC$75,348.10$733,505,171.78+$733,429,823.68
$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 JPY Coin v1 (JPYC) and Tether (USDT). With JPY Coin v1 currently at $0.007535 per coin and a market cap of $18.92M, and Tether at $0.9993 with a market cap of $184.21B, applying Tether's market cap to JPY Coin v1's circulating supply produces a hypothetical JPYC price of $73.35 — a 9.7Kx move from current.

JPY Coin v1: Stablecoin project from Japan that is pegged to JPY.

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 JPY Coin v1 had Tether's market cap, what would the price be?

If JPY Coin v1 (JPYC) had Tether's (USDT) current market cap of $184.21B, each JPYC would be worth approximately $73.35 based on the circulating supply of 2,511,357,180 JPYC. That is 9.7Kx the current JPYC price of $0.007535.

What is the current market cap of JPY Coin v1?

JPY Coin v1 (JPYC) currently has a market cap of $18.92M, ranking #853 by market capitalization. Each JPYC trades at $0.007535.

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 JPYC compare to USDT?

JPY Coin v1's market cap of $18.92M sits orders of magnitude beyond Tether's $184.21B. For JPYC to reach USDT's current valuation, the price would need to move 9.7Kx 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 JPY Coin v1'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.