If had 's mcap →
USDY needs a 34.2x move to match USDC's valuation
USDC is a fully collateralized US dollar stablecoin.
FOR CONTEXT
$73.16B compared to the worldAbout this comparison
This page compares the market capitalizations of Ondo US Dollar Yield (USDY) and USDC (USDC). With Ondo US Dollar Yield currently at $1.13 per coin and a market cap of $2.15B, and USDC at $0.9999 with a market cap of $73.16B, applying USDC's market cap to Ondo US Dollar Yield's circulating supply produces a hypothetical USDY price of $38.65 — a 34.2x move from current.
USDC: USDC is a fully collateralized US dollar stablecoin.
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 USDC's market cap, what would the price be?
If Ondo US Dollar Yield (USDY) had USDC's (USDC) current market cap of $73.16B, each USDY would be worth approximately $38.65 based on the circulating supply of 1,893,156,257 USDY. That is 34.2x 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 $2.15B, ranking #40 by market capitalization. Each USDY trades at $1.13.
What is the current market cap of USDC?
USDC (USDC) currently has a market cap of $73.16B, ranking #5 by market capitalization. Each USDC trades at $0.9999.
How does USDY compare to USDC?
Ondo US Dollar Yield's market cap of $2.15B sits well above USDC's $73.16B. For USDY to reach USDC's current valuation, the price would need to move 34.2x 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.