LIVE
BTC$85,944.00▼ 0.57%ETH$2,716.49▼ 0.42%USDT$1.0000▲ 0.01%BNB$789.03▼ 0.85%XRP$1.51▼ 0.55%USDC$1.0000▲ 0.00%SOL$121.24▼ 0.54%TRX$0.3363▲ 0.17%FIGR_HELOC$1.03▲ 0.00%ZEC$1,343.85▼ 0.87%HYPE$94.93▲ 5.03%DOGE$0.0958▼ 0.91%XMR$559.48▲ 2.08%LINK$13.92▼ 2.34%ADA$0.2729▲ 3.42%WBT$85.88▼ 0.08%USDS$0.9999▼ 0.00%LEO$8.92▼ 0.69%RAIN$0.0115▲ 2.40%XLM$0.2167▼ 3.03%NEAR$5.25▲ 5.88%BCH$315.78▼ 0.80%UNI$9.12▲ 0.92%LTC$70.25▼ 0.55%CC$0.1265▼ 1.73%SUI$1.22▲ 0.44%USDE$0.9998▲ 0.01%AVAX$11.04▼ 0.52%DAI$0.9998▼ 0.03%HBAR$0.1022▼ 1.62%BTC$85,944.00▼ 0.57%ETH$2,716.49▼ 0.42%USDT$1.0000▲ 0.01%BNB$789.03▼ 0.85%XRP$1.51▼ 0.55%USDC$1.0000▲ 0.00%SOL$121.24▼ 0.54%TRX$0.3363▲ 0.17%FIGR_HELOC$1.03▲ 0.00%ZEC$1,343.85▼ 0.87%HYPE$94.93▲ 5.03%DOGE$0.0958▼ 0.91%XMR$559.48▲ 2.08%LINK$13.92▼ 2.34%ADA$0.2729▲ 3.42%WBT$85.88▼ 0.08%USDS$0.9999▼ 0.00%LEO$8.92▼ 0.69%RAIN$0.0115▲ 2.40%XLM$0.2167▼ 3.03%NEAR$5.25▲ 5.88%BCH$315.78▼ 0.80%UNI$9.12▲ 0.92%LTC$70.25▼ 0.55%CC$0.1265▼ 1.73%SUI$1.22▲ 0.44%USDE$0.9998▲ 0.01%AVAX$11.04▼ 0.52%DAI$0.9998▼ 0.03%HBAR$0.1022▼ 1.62%
G.MARKETS/PAIR ANALYSIS·Mezo USD logoMUSD→Tether logoUSDT· LIVE· as of 22:40 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

MUSD WOULD BE
$0.00000000
currently $0.9902 · target mcap $184.08B
▲ 0.00x TO MATCHMUSD NEEDS A 6.2Kx MOVE TO MATCH USDT
COIN PROFILES·MUSD vs USDT
Mezo USD logo
Mezo USD
SOURCE

MUSD is Mezo's Bitcoin-backed stablecoin, minted when users deposit BTC as collateral and borrow against it at low, fixed rates.

PRICE$0.9902
24H CHANGE▼ 0.00%
MARKET CAP$29.92MFDV $29.92M · Fully circulating
RANK#715
SUPPLY30.2M 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$1.0000
24H CHANGE▲ 0.01%
MARKET CAP$184.08BFDV $189.54B · 3% supply locked
RANK#3
SUPPLY184.1B USDT
DOMINANCE6.14%
7d▲ 0.02%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
6.2Kx bigger
MUSD$29.92M
USDT$184.08B
THE CLIMBMezo USD logoMUSD→Tether logoUSDTMULTIPLIER▲ 6.2KxGAP$184.05B
$100.00M$1.00B$10.00B$100.00B
Mezo USD logo
SOURCEMUSD$29.92M
Tether logo
TARGETUSDT$184.08B
AWE Network logo
AWE$131.02M
1INCH logo
1INCH$150.53M
Sonic logo
S$169.30M
Zama logo
ZAMA$214.37M
THORChain logo
RUNE$257.61M
The Graph logo
GRT$323.07M
SPX6900 logo
SPX$423.57M
Raydium logo
RAY$601.28M
NEXO logo
NEXO$849.38M
United Stables logo
U$1.53B
OKB logo
OKB$2.70B
Litecoin logo
LTC$5.46B
log scale · mcap in USDOct 5, 2026
Mezo USD logo
MUSDMezo USD
$29.92MSOURCE
AWE Network logo
AWE
$131.02M
1INCH logo
1INCH
$150.53M
Sonic logo
S
$169.30M
Zama logo
ZAMA
$214.37M
THORChain logo
RUNE
$257.61M
The Graph logo
GRT
$323.07M
SPX6900 logo
SPX
$423.57M
Raydium logo
RAY
$601.28M
NEXO logo
NEXO
$849.38M
United Stables logo
U
$1.53B
OKB logo
OKB
$2.70B
Litecoin logo
LTC
$5.46B
Tether logo
USDTTether
$184.08BTARGET
mcap in USDOct 5, 2026
BAG SCENARIOS·IF MUSD HIT USDT MCAP·TARGET $6,091.99
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 MUSD$99.02$609,198.78+$609,099.75
Coffee money1K MUSD$990.25$6,091,987.79+$6,090,997.54
Small bag10K MUSD$9,902.49$60,919,877.88+$60,909,975.39
Real bag100K MUSD$99,024.90$609,198,778.83+$609,099,753.93
Whale bag1M MUSD$990,249.00$6,091,987,788.34+$6,090,997,539.34
Generational10M MUSD$9,902,490.00$60,919,877,883.36+$60,909,975,393.36
$184.08B 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 Mezo USD (MUSD) and Tether (USDT). With Mezo USD currently at $0.9902 per coin and a market cap of $29.92M, and Tether at $1.0000 with a market cap of $184.08B, applying Tether's market cap to Mezo USD's circulating supply produces a hypothetical MUSD price of $6,091.99 — a 6.2Kx move from current.

Mezo USD: MUSD is Mezo's Bitcoin-backed stablecoin, minted when users deposit BTC as collateral and borrow against it at low, fixed rates.

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

If Mezo USD (MUSD) had Tether's (USDT) current market cap of $184.08B, each MUSD would be worth approximately $6,091.99 based on the circulating supply of 30,216,081 MUSD. That is 6.2Kx the current MUSD price of $0.9902.

What is the current market cap of Mezo USD?

Mezo USD (MUSD) currently has a market cap of $29.92M, ranking #715 by market capitalization. Each MUSD trades at $0.9902.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.08B, ranking #3 by market capitalization. Each USDT trades at $1.0000.

How does MUSD compare to USDT?

Mezo USD's market cap of $29.92M sits orders of magnitude beyond Tether's $184.08B. For MUSD to reach USDT's current valuation, the price would need to move 6.2Kx 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 Mezo 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.