G.MARKETS
BTC$64,385.00+2.05%
LIVE
BTC$64,385.00▲ 2.05%ETH$1,815.80▲ 1.61%USDT$0.9993▲ 0.02%BNB$589.15▼ 0.05%USDC$0.9999▲ 0.01%XRP$1.15▲ 0.95%SOL$82.67▲ 1.45%TRX$0.3291▲ 0.34%FIGR_HELOC$1.04▼ 0.52%HYPE$71.29▲ 0.51%DOGE$0.0774▼ 0.08%USDS$0.9997▼ 0.00%RAIN$0.0151▼ 0.79%LEO$9.39▲ 1.34%ZEC$455.60▼ 1.50%ADA$0.1857▼ 2.62%XLM$0.2019▲ 0.08%WBT$57.61▲ 1.35%XMR$325.00▼ 1.12%LINK$8.07▲ 0.66%CC$0.1385▼ 1.75%BCH$246.96▲ 0.82%LAB$15.75▼ 7.04%GRAM$1.79▲ 0.89%DAI$0.9998▼ 0.00%USD1$0.9988▼ 0.01%USDE$0.9988▲ 0.02%LTC$45.39▼ 0.48%HBAR$0.0739▼ 2.22%USDG$0.9999▼ 0.00%BTC$64,385.00▲ 2.05%ETH$1,815.80▲ 1.61%USDT$0.9993▲ 0.02%BNB$589.15▼ 0.05%USDC$0.9999▲ 0.01%XRP$1.15▲ 0.95%SOL$82.67▲ 1.45%TRX$0.3291▲ 0.34%FIGR_HELOC$1.04▼ 0.52%HYPE$71.29▲ 0.51%DOGE$0.0774▼ 0.08%USDS$0.9997▼ 0.00%RAIN$0.0151▼ 0.79%LEO$9.39▲ 1.34%ZEC$455.60▼ 1.50%ADA$0.1857▼ 2.62%XLM$0.2019▲ 0.08%WBT$57.61▲ 1.35%XMR$325.00▼ 1.12%LINK$8.07▲ 0.66%CC$0.1385▼ 1.75%BCH$246.96▲ 0.82%LAB$15.75▼ 7.04%GRAM$1.79▲ 0.89%DAI$0.9998▼ 0.00%USD1$0.9988▼ 0.01%USDE$0.9988▲ 0.02%LTC$45.39▼ 0.48%HBAR$0.0739▼ 2.22%USDG$0.9999▼ 0.00%
ACTIVEOndo US Dollar YieldUSDY→TetherUSDT
USDY WOULD BE$97.69
MULTIPLIER▲ 86.5x
TARGET MCAP$184.21B
G.MARKETS/PAIR ANALYSIS·Ondo US Dollar Yield logoUSDY→Tether logoUSDT· LIVE· as of 21:55 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap →

USDY WOULD BE
$0.00000000
currently $1.13 · target mcap $184.21B
MULTIPLIER
▲0.00x

USDY needs a 86.1x move to match USDT's valuation

COIN PROFILES·USDY vs USDT
Ondo US Dollar Yield logo
USDYUnverified
Ondo US Dollar Yield
SOURCE
PRICE$1.13
24H CHANGE▼ 0.87%
MARKET CAP$2.13BFDV $2.13B · Fully circulating
RANK#40
SUPPLY1.9B USDY
DOMINANCE0.07%
7d▼ 2.78%
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▲ 0.02%
MARKET CAP$184.21BFDV $189.67B · 3% supply locked
RANK#3
SUPPLY184.3B USDT
DOMINANCE6.14%
7d▲ 0.07%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
86.5x bigger
USDY$2.13B
USDT$184.21B
THE CLIMBOndo US Dollar Yield logoUSDY→Tether logoUSDTMULTIPLIER▲ 86.5xGAP$182.08B
$10.00B$100.00B
Ondo US Dollar Yield logo
SOURCEUSDY$2.13B
Tether logo
TARGETUSDT$184.21B
BlackRock USD Institutional Digital Liquidity Fund logo
BUIDL$2.25B
NEAR Protocol logo
NEAR$2.69B
Avalanche logo
AVAX$3.02B
Global Dollar logo
USDG$3.16B
Ethena USDe logo
USDE$4.42B
Gram (prev. Toncoin) logo
GRAM$4.87B
Canton logo
CC$5.40B
WhiteBIT Coin logo
WBT$6.80B
Zcash logo
ZEC$7.65B
USDS logo
USDS$11.00B
Figure Heloc logo
FIGR_HELOC$20.20B
XRP logo
XRP$71.76B
log scale · mcap in USDJul 6, 2026
Ondo US Dollar Yield logo
USDYOndo US Dollar Yield
$2.13BSOURCE
BlackRock USD Institutional Digital Liquidity Fund logo
BUIDL
$2.25B
NEAR Protocol logo
NEAR
$2.69B
Avalanche logo
AVAX
$3.02B
Global Dollar logo
USDG
$3.16B
Ethena USDe logo
USDE
$4.42B
Gram (prev. Toncoin) logo
GRAM
$4.87B
Canton logo
CC
$5.40B
WhiteBIT Coin logo
WBT
$6.80B
Zcash logo
ZEC
$7.65B
USDS logo
USDS
$11.00B
Figure Heloc logo
FIGR_HELOC
$20.20B
XRP logo
XRP
$71.76B
Tether logo
USDTTether
$184.21BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF USDY HIT USDT MCAP·TARGET $97.30
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 USDY$113.00$9,730.21+$9,617.21
Coffee money1K USDY$1,130.00$97,302.15+$96,172.15
Small bag10K USDY$11,300.00$973,021.48+$961,721.48
Real bag100K USDY$113,000.00$9,730,214.80+$9,617,214.80
Whale bag1M USDY$1,130,000.00$97,302,148.01+$96,172,148.01
Generational10M USDY$11,300,000.00$973,021,480.12+$961,721,480.12

FOR CONTEXT

$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
RELATED COMPARISONS·OTHER WAYS TO ASK
Ondo US Dollar Yield logoUSDY→Bitcoin logoBTCVerified by G.MARKETS
$681.74▲ 603x
Ondo US Dollar Yield logoUSDY→Ethereum logoETHVerified by G.MARKETS
$115.76▲ 102x
Ondo US Dollar Yield logoUSDY→BNB logoBNBVerified by G.MARKETS
$41.94▲ 37.1x
Ondo US Dollar Yield logoUSDY→USDC logoUSDCVerified by G.MARKETS
$38.60▲ 34.2x
Ondo US Dollar Yield logoUSDY→XRP logoXRPVerified by G.MARKETS
$37.91▲ 33.5x
Ondo US Dollar Yield logoUSDY→Solana logoSOLVerified by G.MARKETS
$25.38▲ 22.5x

About this comparison

This page compares the market capitalizations of Ondo US Dollar Yield (USDY) and Tether (USDT). With Ondo US Dollar Yield currently at $1.13 per coin and a market cap of $2.13B, and Tether at $0.9993 with a market cap of $184.21B, applying Tether's market cap to Ondo US Dollar Yield's circulating supply produces a hypothetical USDY price of $97.30 — a 86.1x move from current.

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 Ondo US Dollar Yield had Tether's market cap, what would the price be?

If Ondo US Dollar Yield (USDY) had Tether's (USDT) current market cap of $184.21B, each USDY would be worth approximately $97.30 based on the circulating supply of 1,893,156,257 USDY. That is 86.1x the current USDY price of $1.13.

What is the current market cap of Ondo US Dollar Yield?

Ondo US Dollar Yield (USDY) currently has a market cap of $2.13B, ranking #40 by market capitalization. Each USDY trades at $1.13.

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 USDY compare to USDT?

Ondo US Dollar Yield's market cap of $2.13B sits well above Tether's $184.21B. For USDY to reach USDT's current valuation, the price would need to move 86.1x 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 Ondo US Dollar Yield'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.