LIVE
BTC$64,024.00 0.74%ETH$1,798.57 0.79%USDT$0.9993 0.03%BNB$585.81 0.54%USDC$0.9999 0.01%XRP$1.15 1.03%SOL$81.95 0.45%TRX$0.3293 0.16%FIGR_HELOC$1.04 0.52%HYPE$70.69 0.57%DOGE$0.0766 1.81%USDS$0.9998 0.01%RAIN$0.0151 0.20%LEO$9.40 1.48%ZEC$455.42 1.62%ADA$0.1843 2.82%XLM$0.1998 1.41%WBT$57.46 0.20%XMR$323.28 1.47%LINK$8.02 0.63%CC$0.1383 2.19%GRAM$1.79 0.49%BCH$241.63 0.92%LAB$15.37 7.96%DAI$0.9998 0.01%USD1$0.9991 0.02%USDE$0.9988 0.03%LTC$44.83 2.11%HBAR$0.0734 3.59%USDG$1.0000 0.00%BTC$64,024.00 0.74%ETH$1,798.57 0.79%USDT$0.9993 0.03%BNB$585.81 0.54%USDC$0.9999 0.01%XRP$1.15 1.03%SOL$81.95 0.45%TRX$0.3293 0.16%FIGR_HELOC$1.04 0.52%HYPE$70.69 0.57%DOGE$0.0766 1.81%USDS$0.9998 0.01%RAIN$0.0151 0.20%LEO$9.40 1.48%ZEC$455.42 1.62%ADA$0.1843 2.82%XLM$0.1998 1.41%WBT$57.46 0.20%XMR$323.28 1.47%LINK$8.02 0.63%CC$0.1383 2.19%GRAM$1.79 0.49%BCH$241.63 0.92%LAB$15.37 7.96%DAI$0.9998 0.01%USD1$0.9991 0.02%USDE$0.9988 0.03%LTC$44.83 2.11%HBAR$0.0734 3.59%USDG$1.0000 0.00%
G.MARKETS/PAIR ANALYSIS·MetaMask USD logoMUSDTether logoUSDT· LIVE· as of 23:50 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

MUSD WOULD BE
$0.00000000
currently $0.9997 · target mcap $184.21B
MULTIPLIER
0.00x

MUSD needs a 5.7Kx move to match USDT's valuation

COIN PROFILES·MUSD vs USDT
MetaMask USD logo
MetaMask USD
SOURCE

MetaMask USD (mUSD) is a stablecoin issued by MetaMask, designed to maintain a 1:1 peg with the US dollar.

PRICE$0.9997
24H CHANGE 0.01%
MARKET CAP$32.54MFDV $32.54M · Fully circulating
RANK#607
SUPPLY32.6M MUSD
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 $189.68B · 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
5.7Kx bigger
MUSD$32.54M
USDT$184.21B
THE CLIMBMetaMask USD logoMUSDTether logoUSDTMULTIPLIER 5.7KxGAP$184.18B
$100.00M$1.00B$10.00B$100.00B
MetaMask USD logo
SOURCEMUSD$32.54M
Tether logo
TARGETUSDT$184.21B
Tradable NA Third Party Online Merchant SSTN logo
PC0000015$110.23M
Genius logo
GENIUS$126.45M
Theta Network logo
THETA$144.50M
Spiko US T-Bills Money Market Fund logo
USTBL$170.80M
Tradable NA Rent Financing Platform SSTN logo
PC0000031$202.50M
Unibase logo
UB$253.40M
Grass logo
GRASS$347.88M
TrueUSD logo
TUSD$493.51M
ADI logo
ADI$735.93M
Ethereum Classic logo
ETC$1.11B
World Liberty Financial logo
WLFI$1.86B
LAB logo
LAB$4.80B
log scale · mcap in USDJul 6, 2026
MetaMask USD logo
MUSDMetaMask USD
$32.54MSOURCE
Tradable NA Third Party Online Merchant SSTN logo
PC0000015
$110.23M
Genius logo
GENIUS
$126.45M
Theta Network logo
THETA
$144.50M
Spiko US T-Bills Money Market Fund logo
USTBL
$170.80M
Tradable NA Rent Financing Platform SSTN logo
PC0000031
$202.50M
Unibase logo
UB
$253.40M
Grass logo
GRASS
$347.88M
TrueUSD logo
TUSD
$493.51M
ADI logo
ADI
$735.93M
Ethereum Classic logo
ETC
$1.11B
World Liberty Financial logo
WLFI
$1.86B
LAB logo
LAB
$4.80B
Tether logo
USDTTether
$184.21BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF MUSD HIT USDT MCAP·TARGET $5,659.32
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 MUSD$99.97$565,931.79+$565,831.82
Coffee money1K MUSD$999.72$5,659,317.93+$5,658,318.21
Small bag10K MUSD$9,997.17$56,593,179.25+$56,583,182.08
Real bag100K MUSD$99,971.70$565,931,792.50+$565,831,820.80
Whale bag1M MUSD$999,717.00$5,659,317,925.01+$5,658,318,208.01
Generational10M MUSD$9,997,170.00$56,593,179,250.09+$56,583,182,080.09
$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 MetaMask USD (MUSD) and Tether (USDT). With MetaMask USD currently at $0.9997 per coin and a market cap of $32.54M, and Tether at $0.9993 with a market cap of $184.21B, applying Tether's market cap to MetaMask USD's circulating supply produces a hypothetical MUSD price of $5,659.32 — a 5.7Kx move from current.

MetaMask USD: MetaMask USD (mUSD) is a stablecoin issued by MetaMask, designed to maintain a 1:1 peg with the US dollar.

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 MetaMask USD had Tether's market cap, what would the price be?

If MetaMask USD (MUSD) had Tether's (USDT) current market cap of $184.21B, each MUSD would be worth approximately $5,659.32 based on the circulating supply of 32,550,287 MUSD. That is 5.7Kx the current MUSD price of $0.9997.

What is the current market cap of MetaMask USD?

MetaMask USD (MUSD) currently has a market cap of $32.54M, ranking #607 by market capitalization. Each MUSD trades at $0.9997.

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 MUSD compare to USDT?

MetaMask USD's market cap of $32.54M sits orders of magnitude beyond Tether's $184.21B. For MUSD to reach USDT's current valuation, the price would need to move 5.7Kx 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 MetaMask USD'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.