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·Merlin Chain logoMERLUSDC logoUSDC· LIVE· as of 23:44 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

MERL WOULD BE
$0.00000000
currently $0.0200 · target mcap $73.15B
MULTIPLIER
0.00x

MERL needs a 2.8Kx move to match USDC's valuation

REALITY CHECKAt MERL's current 24h rate of +3.05%, compounding daily would take ~265 days to reach USDC's market cap.
COIN PROFILES·MERL vs USDC
Merlin Chain logo
Merlin Chain
SOURCE

Merlin Chain serves as a Layer 2 solution for Bitcoin, incorporating essential components like ZK-Rollup networks, decentralized oracle networks, and fraud proofs within the…

PRICE$0.0200
24H CHANGE 3.05%
MARKET CAP$26.28MFDV $42.00M · 37% supply locked
RANK#705
SUPPLY1.3B MERL
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
2.8Kx bigger
MERL$26.28M
USDC$73.15B
THE CLIMBMerlin Chain logoMERLUSDC logoUSDCMULTIPLIER 2.8KxGAP$73.12B
$100.00M$1.00B$10.00B
Merlin Chain logo
SOURCEMERL$26.28M
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
Merlin Chain logo
MERLMerlin Chain
$26.28MSOURCE
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 MERL HIT USDC MCAP·TARGET $55.67
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 MERL$2.00$5,567.35+$5,565.35
Coffee money1K MERL$20.00$55,673.47+$55,653.48
Small bag10K MERL$199.97$556,734.74+$556,534.77
Real bag100K MERL$1,999.70$5,567,347.36+$5,565,347.66
Whale bag1M MERL$19,997.02$55,673,473.61+$55,653,476.59
Generational10M MERL$199,970.20$556,734,736.10+$556,534,765.90
$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 Merlin Chain (MERL) and USDC (USDC). With Merlin Chain currently at $0.0200 per coin and a market cap of $26.28M, and USDC at $1.0000 with a market cap of $73.15B, applying USDC's market cap to Merlin Chain's circulating supply produces a hypothetical MERL price of $55.67 — a 2.8Kx move from current.

Merlin Chain: Merlin Chain serves as a Layer 2 solution for Bitcoin, incorporating essential components like ZK-Rollup networks, decentralized oracle networks, and fraud proofs within the…

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 Merlin Chain had USDC's market cap, what would the price be?

If Merlin Chain (MERL) had USDC's (USDC) current market cap of $73.15B, each MERL would be worth approximately $55.67 based on the circulating supply of 1,313,913,132 MERL. That is 2.8Kx the current MERL price of $0.0200.

What is the current market cap of Merlin Chain?

Merlin Chain (MERL) currently has a market cap of $26.28M, ranking #705 by market capitalization. Each MERL trades at $0.0200.

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 MERL compare to USDC?

Merlin Chain's market cap of $26.28M sits orders of magnitude beyond USDC's $73.15B. For MERL to reach USDC's current valuation, the price would need to move 2.8Kx 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 Merlin Chain'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.