G.MARKETS
BTC$85,595.00+0.87%
GokhshteinNews
LIVE
BTC$85,595.00▲ 0.87%ETH$2,702.03▲ 0.57%USDT$0.9999▼ 0.00%BNB$790.05▲ 0.25%XRP$1.50▲ 0.88%USDC$1.0000▼ 0.00%SOL$120.92▲ 0.85%TRX$0.3355▼ 0.04%FIGR_HELOC$1.07▲ 4.34%ZEC$1,334.70▲ 0.53%HYPE$90.52▲ 1.26%DOGE$0.0955▲ 2.45%LINK$14.14▲ 0.47%XMR$545.27▼ 2.41%WBT$85.04▲ 0.85%USDS$0.9999▼ 0.01%ADA$0.2506▲ 2.02%LEO$8.99▼ 0.09%RAIN$0.0114▲ 0.48%XLM$0.2196▲ 1.40%NEAR$4.98▲ 3.91%BCH$316.18▲ 0.05%UNI$9.06▼ 0.11%LTC$70.94▲ 2.58%CC$0.1280▲ 4.36%SUI$1.21▲ 2.01%AVAX$11.08▼ 0.43%USDE$0.9997▲ 0.01%DAI$0.9999▲ 0.01%HBAR$0.1033▲ 0.71%BTC$85,595.00▲ 0.87%ETH$2,702.03▲ 0.57%USDT$0.9999▼ 0.00%BNB$790.05▲ 0.25%XRP$1.50▲ 0.88%USDC$1.0000▼ 0.00%SOL$120.92▲ 0.85%TRX$0.3355▼ 0.04%FIGR_HELOC$1.07▲ 4.34%ZEC$1,334.70▲ 0.53%HYPE$90.52▲ 1.26%DOGE$0.0955▲ 2.45%LINK$14.14▲ 0.47%XMR$545.27▼ 2.41%WBT$85.04▲ 0.85%USDS$0.9999▼ 0.01%ADA$0.2506▲ 2.02%LEO$8.99▼ 0.09%RAIN$0.0114▲ 0.48%XLM$0.2196▲ 1.40%NEAR$4.98▲ 3.91%BCH$316.18▲ 0.05%UNI$9.06▼ 0.11%LTC$70.94▲ 2.58%CC$0.1280▲ 4.36%SUI$1.21▲ 2.01%AVAX$11.08▼ 0.43%USDE$0.9997▲ 0.01%DAI$0.9999▲ 0.01%HBAR$0.1033▲ 0.71%
ACTIVEOpen USDOUSD→TetherUSDT
OUSD WOULD BE$276.26
MULTIPLIER▲ 276x
TARGET MCAP$184.07B
G.MARKETS/PAIR ANALYSIS·Open USD logoOUSD→Tether logoUSDT· LIVE· as of 20:40 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

OUSD WOULD BE
$0.00000000
currently $0.9999 · target mcap $184.07B
#100 · OUSD$0.9999▲ 0.0% #3 · USDT$0.9999▼ 0.0%
▲ 0.00x TO MATCHOUSD NEEDS A 276x MOVE TO MATCH USDT
REALITY CHECKAt OUSD's current 24h rate of +0.01%, compounding daily would take ~174 years to reach USDT's market cap.
COIN PROFILES·OUSD vs USDT
Open USD logo
OUSDUnverified
Open USD
SOURCE

Open USD (OUSD) is the first stablecoin designed as open infrastructure.

PRICE$0.9999
24H CHANGE▲ 0.01%
MARKET CAP$666.21MFDV $666.21M · Fully circulating
RANK#100
SUPPLY666.3M OUSD
DOMINANCE0.02%
7d▲ 0.03%
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$0.9999
24H CHANGE▼ 0.00%
MARKET CAP$184.07BFDV $189.53B · 3% supply locked
RANK#3
SUPPLY184.1B USDT
DOMINANCE6.14%
7d▲ 0.01%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
276x bigger
OUSD$666.21M
USDT$184.07B
THE CLIMBOpen USD logoOUSD→Tether logoUSDTMULTIPLIER▲ 276xGAP$183.40B
$1.00B$10.00B$100.00B
Open USD logo
SOURCEOUSD$666.21M
Tether logo
TARGETUSDT$184.07B
GHO logo
GHO$698.51M
Midnight logo
NIGHT$753.54M
Lighter logo
LIT$917.60M
POL (ex-MATIC) logo
POL$1.17B
Ethereum Classic logo
ETC$1.41B
Pepe logo
PEPE$1.81B
BlackRock USD Institutional Digital Liquidity Fund logo
BUIDL$2.26B
OKB logo
OKB$2.56B
Shiba Inu logo
SHIB$3.43B
Avalanche logo
AVAX$4.91B
Rain logo
RAIN$8.11B
Hyperliquid logo
HYPE$20.13B
log scale · mcap in USDOct 4, 2026
Open USD logo
OUSDOpen USD
$666.21MSOURCE
GHO logo
GHO
$698.51M
Midnight logo
NIGHT
$753.54M
Lighter logo
LIT
$917.60M
POL (ex-MATIC) logo
POL
$1.17B
Ethereum Classic logo
ETC
$1.41B
Pepe logo
PEPE
$1.81B
BlackRock USD Institutional Digital Liquidity Fund logo
BUIDL
$2.26B
OKB logo
OKB
$2.56B
Shiba Inu logo
SHIB
$3.43B
Avalanche logo
AVAX
$4.91B
Rain logo
RAIN
$8.11B
Hyperliquid logo
HYPE
$20.13B
Tether logo
USDTTether
$184.07BTARGET
mcap in USDOct 4, 2026
BAG SCENARIOS·IF OUSD HIT USDT MCAP·TARGET $276.26
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 OUSD$99.99$27,626.36+$27,526.37
Coffee money1K OUSD$999.91$276,263.58+$275,263.67
Small bag10K OUSD$9,999.06$2,762,635.79+$2,752,636.73
Real bag100K OUSD$99,990.60$27,626,357.89+$27,526,367.29
Whale bag1M OUSD$999,906.00$276,263,578.89+$275,263,672.89
Generational10M OUSD$9,999,060.00$2,762,635,788.91+$2,752,636,728.91

FOR CONTEXT

$184.07B 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
RELATED COMPARISONS·OTHER WAYS TO ASK
Open USD logoOUSD→Bitcoin logoBTCVerified by G.MARKETS
$2,581.29▲ 2.6Kx
Open USD logoOUSD→Ethereum logoETHVerified by G.MARKETS
$495.19▲ 495x
Open USD logoOUSD→BNB logoBNBVerified by G.MARKETS
$157.90▲ 158x
Open USD logoOUSD→XRP logoXRPVerified by G.MARKETS
$142.37▲ 142x
Open USD logoOUSD→USDC logoUSDCVerified by G.MARKETS
$111.23▲ 111x
Open USD logoOUSD→Solana logoSOLVerified by G.MARKETS
$106.77▲ 107x

About this comparison

This page compares the market capitalizations of Open USD (OUSD) and Tether (USDT). With Open USD currently at $0.9999 per coin and a market cap of $666.21M, and Tether at $0.9999 with a market cap of $184.07B, applying Tether's market cap to Open USD's circulating supply produces a hypothetical OUSD price of $276.26 — a 276x move from current.

Open USD: Open USD (OUSD) is the first stablecoin designed as open infrastructure.

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

If Open USD (OUSD) had Tether's (USDT) current market cap of $184.07B, each OUSD would be worth approximately $276.26 based on the circulating supply of 666,275,227 OUSD. That is 276x the current OUSD price of $0.9999.

What is the current market cap of Open USD?

Open USD (OUSD) currently has a market cap of $666.21M, ranking #100 by market capitalization. Each OUSD trades at $0.9999.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.07B, ranking #3 by market capitalization. Each USDT trades at $0.9999.

How does OUSD compare to USDT?

Open USD's market cap of $666.21M sits far above Tether's $184.07B. For OUSD to reach USDT's current valuation, the price would need to move 276x 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 Open 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.

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