LIVE
BTC$85,095.00▼ 0.15%ETH$2,684.12▼ 0.50%USDT$0.9998▼ 0.01%BNB$786.09▼ 0.28%XRP$1.49▼ 0.81%USDC$0.9999▼ 0.00%SOL$119.15▼ 1.94%TRX$0.3362▲ 0.12%FIGR_HELOC$1.06▲ 0.00%ZEC$1,286.98▼ 2.82%HYPE$92.56▲ 3.17%DOGE$0.0944▲ 0.13%XMR$552.72▲ 1.30%LINK$13.77▼ 2.56%WBT$85.03▲ 0.25%USDS$0.9998▼ 0.02%ADA$0.2628▲ 6.02%RAIN$0.0116▼ 1.75%LEO$8.95▼ 0.43%XLM$0.2125▼ 2.36%NEAR$4.96▲ 2.37%BCH$313.99▼ 0.76%UNI$8.87▼ 1.54%LTC$69.82▼ 2.13%CC$0.1239▼ 2.05%USDE$0.9997▲ 0.00%SUI$1.18▼ 5.00%AVAX$10.85▼ 1.83%DAI$1.0000▼ 0.01%USD1$0.9996▲ 0.02%BTC$85,095.00▼ 0.15%ETH$2,684.12▼ 0.50%USDT$0.9998▼ 0.01%BNB$786.09▼ 0.28%XRP$1.49▼ 0.81%USDC$0.9999▼ 0.00%SOL$119.15▼ 1.94%TRX$0.3362▲ 0.12%FIGR_HELOC$1.06▲ 0.00%ZEC$1,286.98▼ 2.82%HYPE$92.56▲ 3.17%DOGE$0.0944▲ 0.13%XMR$552.72▲ 1.30%LINK$13.77▼ 2.56%WBT$85.03▲ 0.25%USDS$0.9998▼ 0.02%ADA$0.2628▲ 6.02%RAIN$0.0116▼ 1.75%LEO$8.95▼ 0.43%XLM$0.2125▼ 2.36%NEAR$4.96▲ 2.37%BCH$313.99▼ 0.76%UNI$8.87▼ 1.54%LTC$69.82▼ 2.13%CC$0.1239▼ 2.05%USDE$0.9997▲ 0.00%SUI$1.18▼ 5.00%AVAX$10.85▼ 1.83%DAI$1.0000▼ 0.01%USD1$0.9996▲ 0.02%
G.MARKETS/PAIR ANALYSIS·JPY Coin v1 logoJPYC→Tether logoUSDT· LIVE· as of 16:25 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

JPYC WOULD BE
$0.00000000
currently $0.009133 · target mcap $184.06B
▲ 0.00x TO MATCHJPYC NEEDS A 8.2Kx MOVE TO MATCH USDT
COIN PROFILES·JPYC vs USDT
JPY Coin v1 logo
JPY Coin v1
SOURCE

Stablecoin project from Japan that is pegged to JPY.

PRICE$0.009133
24H CHANGE▼ 0.64%
MARKET CAP$22.54MFDV $22.54M · Fully circulating
RANK#841
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$0.9998
24H CHANGE▼ 0.01%
MARKET CAP$184.06BFDV $189.53B · 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
8.2Kx bigger
JPYC$22.54M
USDT$184.06B
THE CLIMBJPY Coin v1 logoJPYC→Tether logoUSDTMULTIPLIER▲ 8.2KxGAP$184.04B
$100.00M$1.00B$10.00B$100.00B
JPY Coin v1 logo
SOURCEJPYC$22.54M
Tether logo
TARGETUSDT$184.06B
Seeker logo
SKR$127.06M
GUSD logo
GUSD$149.53M
Spiko US T-Bills Money Market Fund logo
USTBL$166.47M
USX logo
USX$212.12M
Zebec Network logo
ZBCN$253.76M
Ondo Short-Term U.S. Government Bond Fund logo
OUSG$321.23M
SPX6900 logo
SPX$416.47M
Janus Henderson Anemoy AAA CLO Fund logo
JAAA$585.72M
Aerodrome Finance logo
AERO$853.50M
Spiko Amundi Overnight Swap Fund (EUR) logo
EURSAFO$1.53B
OKB logo
OKB$2.64B
Litecoin logo
LTC$5.42B
log scale · mcap in USDOct 5, 2026
JPY Coin v1 logo
JPYCJPY Coin v1
$22.54MSOURCE
Seeker logo
SKR
$127.06M
GUSD logo
GUSD
$149.53M
Spiko US T-Bills Money Market Fund logo
USTBL
$166.47M
USX logo
USX
$212.12M
Zebec Network logo
ZBCN
$253.76M
Ondo Short-Term U.S. Government Bond Fund logo
OUSG
$321.23M
SPX6900 logo
SPX
$416.47M
Janus Henderson Anemoy AAA CLO Fund logo
JAAA
$585.72M
Aerodrome Finance logo
AERO
$853.50M
Spiko Amundi Overnight Swap Fund (EUR) logo
EURSAFO
$1.53B
OKB logo
OKB
$2.64B
Litecoin logo
LTC
$5.42B
Tether logo
USDTTether
$184.06BTARGET
mcap in USDOct 5, 2026
BAG SCENARIOS·IF JPYC HIT USDT MCAP·TARGET $74.58
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 JPYC$0.9133$7,457.96+$7,457.05
Coffee money1K JPYC$9.13$74,579.64+$74,570.51
Small bag10K JPYC$91.33$745,796.38+$745,705.06
Real bag100K JPYC$913.26$7,457,963.85+$7,457,050.59
Whale bag1M JPYC$9,132.56$74,579,638.47+$74,570,505.91
Generational10M JPYC$91,325.60$745,796,384.75+$745,705,059.15
$184.06B 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 JPY Coin v1 (JPYC) and Tether (USDT). With JPY Coin v1 currently at $0.009133 per coin and a market cap of $22.54M, and Tether at $0.9998 with a market cap of $184.06B, applying Tether's market cap to JPY Coin v1's circulating supply produces a hypothetical JPYC price of $74.58 — a 8.2Kx 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 $184.06B, each JPYC would be worth approximately $74.58 based on the circulating supply of 2,467,952,848 JPYC. That is 8.2Kx the current JPYC price of $0.009133.

What is the current market cap of JPY Coin v1?

JPY Coin v1 (JPYC) currently has a market cap of $22.54M, ranking #841 by market capitalization. Each JPYC trades at $0.009133.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.06B, ranking #3 by market capitalization. Each USDT trades at $0.9998.

How does JPYC compare to USDT?

JPY Coin v1's market cap of $22.54M sits orders of magnitude beyond Tether's $184.06B. For JPYC to reach USDT's current valuation, the price would need to move 8.2Kx 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.