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MUSD needs a 5.7Kx move to match USDT's valuation
MetaMask USD (mUSD) is a stablecoin issued by MetaMask, designed to maintain a 1:1 peg with the US dollar.
Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.
FOR CONTEXT
$184.21B compared to the worldAbout 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.