G.MARKETS
BTC$64,362.00+2.31%
LIVE
BTC$64,362.00▲ 2.31%ETH$1,815.96▲ 2.00%USDT$0.9993▲ 0.02%BNB$589.16▲ 0.14%USDC$0.9998▲ 0.01%XRP$1.15▲ 0.94%SOL$82.66▲ 1.43%TRX$0.3291▲ 0.34%FIGR_HELOC$1.04▼ 0.52%HYPE$71.27▲ 0.48%DOGE$0.0774▼ 0.10%USDS$0.9997▼ 0.00%RAIN$0.0151▼ 0.85%LEO$9.38▲ 1.33%ZEC$455.53▼ 1.51%ADA$0.1857▼ 2.62%XLM$0.2019▲ 0.07%WBT$57.61▲ 1.35%XMR$325.01▼ 1.11%LINK$8.07▲ 0.64%CC$0.1385▼ 1.75%BCH$246.89▲ 0.79%LAB$15.73▼ 7.19%GRAM$1.79▲ 0.86%DAI$0.9998▼ 0.00%USD1$0.9988▼ 0.02%USDE$0.9988▲ 0.02%LTC$45.38▼ 0.50%HBAR$0.0739▼ 2.24%USDG$0.9999▼ 0.00%BTC$64,362.00▲ 2.31%ETH$1,815.96▲ 2.00%USDT$0.9993▲ 0.02%BNB$589.16▲ 0.14%USDC$0.9998▲ 0.01%XRP$1.15▲ 0.94%SOL$82.66▲ 1.43%TRX$0.3291▲ 0.34%FIGR_HELOC$1.04▼ 0.52%HYPE$71.27▲ 0.48%DOGE$0.0774▼ 0.10%USDS$0.9997▼ 0.00%RAIN$0.0151▼ 0.85%LEO$9.38▲ 1.33%ZEC$455.53▼ 1.51%ADA$0.1857▼ 2.62%XLM$0.2019▲ 0.07%WBT$57.61▲ 1.35%XMR$325.01▼ 1.11%LINK$8.07▲ 0.64%CC$0.1385▼ 1.75%BCH$246.89▲ 0.79%LAB$15.73▼ 7.19%GRAM$1.79▲ 0.86%DAI$0.9998▼ 0.00%USD1$0.9988▼ 0.02%USDE$0.9988▲ 0.02%LTC$45.38▼ 0.50%HBAR$0.0739▼ 2.24%USDG$0.9999▼ 0.00%
ACTIVEOndo Short-Term U.S. Government Bond FundOUSG→USDCUSDC
OUSG WOULD BE$20,620.27
MULTIPLIER▲ 178x
TARGET MCAP$73.08B
G.MARKETS/PAIR ANALYSIS·Ondo Short-Term U.S. Government Bond Fund logoOUSG→USDC logoUSDC· LIVE· as of 21:45 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap →

OUSG WOULD BE
$0.00000000
currently $115.81 · target mcap $73.08B
MULTIPLIER
▲0.00x

OUSG needs a 178x move to match USDC's valuation

REALITY CHECKAt OUSG's current 24h rate of +0.04%, compounding daily would take ~39 years to reach USDC's market cap.
COIN PROFILES·OUSG vs USDC
Ondo Short-Term U.S. Government Bond Fund logo
OUSGUnverified
Ondo Short-Term U.S. Government Bond Fund
SOURCE

OUSG is a tokenized short-term US Treasury bills ETF, overseen and managed by Ondo Capital Management, a subsidiary of Ondo Finance.

PRICE$115.81
24H CHANGE▲ 0.04%
MARKET CAP$410.43MFDV $410.43M · Fully circulating
RANK#116
SUPPLY3.5M OUSG
DOMINANCE0.01%
7d▲ 0.12%
VS
USDC logo
USDCVerified by G.MARKETS
USDC
TARGET

USDC is a fully collateralized US dollar stablecoin.

PRICE$0.9998
24H CHANGE▲ 0.01%
MARKET CAP$73.08BFDV $73.16B · Fully circulating
RANK#5
SUPPLY73.1B USDC
DOMINANCE2.44%
7d▲ 0.02%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
178x bigger
OUSG$410.43M
USDC$73.08B
THE CLIMBOndo Short-Term U.S. Government Bond Fund logoOUSG→USDC logoUSDCMULTIPLIER▲ 178xGAP$72.67B
$1.00B$10.00B
Ondo Short-Term U.S. Government Bond Fund logo
SOURCEOUSG$410.43M
USDC logo
TARGETUSDC$73.08B
Ether.fi logo
ETHFI$414.16M
TrueUSD logo
TUSD$493.65M
Midnight logo
NIGHT$579.26M
USDtb logo
USDTB$726.76M
POL (ex-MATIC) logo
POL$802.73M
Quant logo
QNT$972.20M
Morpho logo
MORPHO$1.28B
Polkadot logo
DOT$1.51B
Uniswap logo
UNI$2.00B
Sui logo
SUI$3.07B
LAB logo
LAB$4.92B
LEO Token logo
LEO$8.64B
log scale · mcap in USDJul 6, 2026
Ondo Short-Term U.S. Government Bond Fund logo
OUSGOndo Short-Term U.S. Government Bond Fund
$410.43MSOURCE
Ether.fi logo
ETHFI
$414.16M
TrueUSD logo
TUSD
$493.65M
Midnight logo
NIGHT
$579.26M
USDtb logo
USDTB
$726.76M
POL (ex-MATIC) logo
POL
$802.73M
Quant logo
QNT
$972.20M
Morpho logo
MORPHO
$1.28B
Polkadot logo
DOT
$1.51B
Uniswap logo
UNI
$2.00B
Sui logo
SUI
$3.07B
LAB logo
LAB
$4.92B
LEO Token logo
LEO
$8.64B
USDC logo
USDCUSDC
$73.08BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF OUSG HIT USDC MCAP·TARGET $20,619.80
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 OUSG$11,581.00$2,061,979.98+$2,050,398.98
Coffee money1K OUSG$115,810.00$20,619,799.79+$20,503,989.79
Small bag10K OUSG$1,158,100.00$206,197,997.94+$205,039,897.94
Real bag100K OUSG$11,581,000.00$2,061,979,979.42+$2,050,398,979.42
Whale bag1M OUSG$115,810,000.00$20,619,799,794.23+$20,503,989,794.23
Generational10M OUSG$1,158,100,000.00$206,197,997,942.31+$205,039,897,942.31

FOR CONTEXT

$73.08B compared to the world
UberUBER
$160.00B
USDC mcap is 45.7% of Uber
NikeNKE
$130.00B
USDC mcap is 56.2% of Nike
StarbucksSBUX
$100.00B
USDC mcap is 73.1% of Starbucks
SpotifySPOT
$90.00B
USDC mcap is 81.2% of Spotify
RobloxRBLX
$30.00B
USDC mcap is 2.44× Roblox
RedditRDDT
$25.00B
USDC mcap is 2.92× Reddit
RELATED COMPARISONS·OTHER WAYS TO ASK
Ondo Short-Term U.S. Government Bond Fund logoOUSG→Bitcoin logoBTCVerified by G.MARKETS
$364,171.21▲ 3.1Kx
Ondo Short-Term U.S. Government Bond Fund logoOUSG→Ethereum logoETHVerified by G.MARKETS
$61,837.89▲ 534x
Ondo Short-Term U.S. Government Bond Fund logoOUSG→Tether logoUSDTVerified by G.MARKETS
$51,976.83▲ 449x
Ondo Short-Term U.S. Government Bond Fund logoOUSG→BNB logoBNBVerified by G.MARKETS
$22,406.00▲ 193x
Ondo Short-Term U.S. Government Bond Fund logoOUSG→XRP logoXRPVerified by G.MARKETS
$20,249.26▲ 175x
Ondo Short-Term U.S. Government Bond Fund logoOUSG→Solana logoSOLVerified by G.MARKETS
$13,556.06▲ 117x

About this comparison

This page compares the market capitalizations of Ondo Short-Term U.S. Government Bond Fund (OUSG) and USDC (USDC). With Ondo Short-Term U.S. Government Bond Fund currently at $115.81 per coin and a market cap of $410.43M, and USDC at $0.9998 with a market cap of $73.08B, applying USDC's market cap to Ondo Short-Term U.S. Government Bond Fund's circulating supply produces a hypothetical OUSG price of $20,619.80 — a 178x move from current.

Ondo Short-Term U.S. Government Bond Fund: OUSG is a tokenized short-term US Treasury bills ETF, overseen and managed by Ondo Capital Management, a subsidiary of Ondo Finance.

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 Short-Term U.S. Government Bond Fund had USDC's market cap, what would the price be?

If Ondo Short-Term U.S. Government Bond Fund (OUSG) had USDC's (USDC) current market cap of $73.08B, each OUSG would be worth approximately $20,619.80 based on the circulating supply of 3,544,044 OUSG. That is 178x the current OUSG price of $115.81.

What is the current market cap of Ondo Short-Term U.S. Government Bond Fund?

Ondo Short-Term U.S. Government Bond Fund (OUSG) currently has a market cap of $410.43M, ranking #116 by market capitalization. Each OUSG trades at $115.81.

What is the current market cap of USDC?

USDC (USDC) currently has a market cap of $73.08B, ranking #5 by market capitalization. Each USDC trades at $0.9998.

How does OUSG compare to USDC?

Ondo Short-Term U.S. Government Bond Fund's market cap of $410.43M sits far above USDC's $73.08B. For OUSG to reach USDC's current valuation, the price would need to move 178x 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 Short-Term U.S. Government Bond Fund'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.