If had 's mcap →
MTBILL needs a 3.4Kx move to match USDT's valuation
Midas US Treasury Bills Token (mTBILL) is a permissionless yield-bearing token tracking short-dated US Treasury Bills.
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 Midas mTBILL (MTBILL) and Tether (USDT). With Midas mTBILL currently at $1.07 per coin and a market cap of $54.29M, and Tether at $0.9993 with a market cap of $184.21B, applying Tether's market cap to Midas mTBILL's circulating supply produces a hypothetical MTBILL price of $3,614.15 — a 3.4Kx move from current.
Midas mTBILL: Midas US Treasury Bills Token (mTBILL) is a permissionless yield-bearing token tracking short-dated US Treasury Bills.
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 Midas mTBILL had Tether's market cap, what would the price be?
If Midas mTBILL (MTBILL) had Tether's (USDT) current market cap of $184.21B, each MTBILL would be worth approximately $3,614.15 based on the circulating supply of 50,969,712 MTBILL. That is 3.4Kx the current MTBILL price of $1.07.
What is the current market cap of Midas mTBILL?
Midas mTBILL (MTBILL) currently has a market cap of $54.29M, ranking #420 by market capitalization. Each MTBILL trades at $1.07.
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 MTBILL compare to USDT?
Midas mTBILL's market cap of $54.29M sits orders of magnitude beyond Tether's $184.21B. For MTBILL to reach USDT's current valuation, the price would need to move 3.4Kx 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 Midas mTBILL'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.