LIVE
BTC$85,381.00▲ 0.09%ETH$2,705.41▲ 0.18%USDT$1.0000▲ 0.01%BNB$786.34▼ 0.27%XRP$1.50▼ 0.29%USDC$1.0000▲ 0.00%SOL$119.95▼ 1.15%TRX$0.3366▲ 0.37%FIGR_HELOC$1.06▲ 0.00%ZEC$1,320.54▼ 0.98%HYPE$93.74▲ 3.86%DOGE$0.0947▼ 0.61%XMR$554.02▲ 1.13%LINK$13.89▼ 1.76%WBT$85.30▲ 0.49%USDS$0.9999▲ 0.01%ADA$0.2646▲ 6.91%LEO$8.95▼ 0.47%RAIN$0.0115▼ 0.17%XLM$0.2117▼ 2.69%NEAR$5.09▲ 1.84%BCH$314.81▼ 0.46%UNI$9.01▲ 0.08%LTC$70.46▼ 0.82%CC$0.1249▼ 1.62%USDE$0.9999▲ 0.03%SUI$1.19▼ 2.60%AVAX$10.88▼ 1.53%DAI$0.9999▲ 0.01%HBAR$0.1008▼ 1.59%BTC$85,381.00▲ 0.09%ETH$2,705.41▲ 0.18%USDT$1.0000▲ 0.01%BNB$786.34▼ 0.27%XRP$1.50▼ 0.29%USDC$1.0000▲ 0.00%SOL$119.95▼ 1.15%TRX$0.3366▲ 0.37%FIGR_HELOC$1.06▲ 0.00%ZEC$1,320.54▼ 0.98%HYPE$93.74▲ 3.86%DOGE$0.0947▼ 0.61%XMR$554.02▲ 1.13%LINK$13.89▼ 1.76%WBT$85.30▲ 0.49%USDS$0.9999▲ 0.01%ADA$0.2646▲ 6.91%LEO$8.95▼ 0.47%RAIN$0.0115▼ 0.17%XLM$0.2117▼ 2.69%NEAR$5.09▲ 1.84%BCH$314.81▼ 0.46%UNI$9.01▲ 0.08%LTC$70.46▼ 0.82%CC$0.1249▼ 1.62%USDE$0.9999▲ 0.03%SUI$1.19▼ 2.60%AVAX$10.88▼ 1.53%DAI$0.9999▲ 0.01%HBAR$0.1008▼ 1.59%
G.MARKETS/PAIR ANALYSIS·Ondo Short-Term U.S. Government Bond Fund logoOUSG→USDC logoUSDC· LIVE· as of 18:11 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

OUSG WOULD BE
$0.00000000
currently $116.77 · target mcap $74.01B
▲ 0.00x TO MATCHOUSG NEEDS A 230x MOVE TO MATCH USDC
COIN PROFILES·OUSG vs USDC
Ondo Short-Term U.S. Government Bond Fund logo
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$116.77
24H CHANGE▲ 0.00%
MARKET CAP$321.23MFDV $321.23M · Fully circulating
RANK#147
SUPPLY2.8M OUSG
DOMINANCE0.01%
7d▲ 0.07%
VS
USDC logo
USDCVerified by G.MARKETS
USDC
TARGET

USDC is a fully collateralized US dollar stablecoin.

PRICE$1.0000
24H CHANGE▲ 0.00%
MARKET CAP$74.01BFDV $74.10B · Fully circulating
RANK#6
SUPPLY74.0B USDC
DOMINANCE2.47%
7d▲ 0.02%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
230x bigger
OUSG$321.23M
USDC$74.01B
THE CLIMBOndo Short-Term U.S. Government Bond Fund logoOUSG→USDC logoUSDCMULTIPLIER▲ 230xGAP$73.69B
$1.00B$10.00B
Ondo Short-Term U.S. Government Bond Fund logo
SOURCEOUSG$321.23M
USDC logo
TARGETUSDC$74.01B
First Digital USD logo
FDUSD$324.66M
BitTorrent logo
BTT$369.83M
Celestia logo
TIA$457.37M
Official Trump logo
TRUMP$575.27M
GHO logo
GHO$698.66M
PancakeSwap logo
CAKE$776.92M
POL (ex-MATIC) logo
POL$1.13B
Spiko Amundi Overnight Swap Fund (EUR) logo
EURSAFO$1.53B
Sky logo
SKY$2.08B
Pump.fun logo
PUMP$2.91B
Dai logo
DAI$4.61B
LEO Token logo
LEO$8.23B
log scale · mcap in USDOct 5, 2026
Ondo Short-Term U.S. Government Bond Fund logo
OUSGOndo Short-Term U.S. Government Bond Fund
$321.23MSOURCE
First Digital USD logo
FDUSD
$324.66M
BitTorrent logo
BTT
$369.83M
Celestia logo
TIA
$457.37M
Official Trump logo
TRUMP
$575.27M
GHO logo
GHO
$698.66M
PancakeSwap logo
CAKE
$776.92M
POL (ex-MATIC) logo
POL
$1.13B
Spiko Amundi Overnight Swap Fund (EUR) logo
EURSAFO
$1.53B
Sky logo
SKY
$2.08B
Pump.fun logo
PUMP
$2.91B
Dai logo
DAI
$4.61B
LEO Token logo
LEO
$8.23B
USDC logo
USDCUSDC
$74.01BTARGET
mcap in USDOct 5, 2026
BAG SCENARIOS·IF OUSG HIT USDC MCAP·TARGET $26,904.43
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 OUSG$11,677.00$2,690,443.07+$2,678,766.07
Coffee money1K OUSG$116,770.00$26,904,430.69+$26,787,660.69
Small bag10K OUSG$1,167,700.00$269,044,306.85+$267,876,606.85
Real bag100K OUSG$11,677,000.00$2,690,443,068.51+$2,678,766,068.51
Whale bag1M OUSG$116,770,000.00$26,904,430,685.11+$26,787,660,685.11
Generational10M OUSG$1,167,700,000.00$269,044,306,851.08+$267,876,606,851.08
$74.01B compared to the world
UberUBER
$160.00B
USDC mcap is 46.3% of Uber
NikeNKE
$130.00B
USDC mcap is 56.9% of Nike
StarbucksSBUX
$100.00B
USDC mcap is 74.0% of Starbucks
SpotifySPOT
$90.00B
USDC mcap is 82.2% of Spotify
RobloxRBLX
$30.00B
USDC mcap is 2.47× Roblox
RedditRDDT
$25.00B
USDC mcap is 2.96× Reddit

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 $116.77 per coin and a market cap of $321.23M, and USDC at $1.0000 with a market cap of $74.01B, applying USDC's market cap to Ondo Short-Term U.S. Government Bond Fund's circulating supply produces a hypothetical OUSG price of $26,904.43 — a 230x 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 $74.01B, each OUSG would be worth approximately $26,904.43 based on the circulating supply of 2,750,991 OUSG. That is 230x the current OUSG price of $116.77.

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 $321.23M, ranking #147 by market capitalization. Each OUSG trades at $116.77.

What is the current market cap of USDC?

USDC (USDC) currently has a market cap of $74.01B, ranking #6 by market capitalization. Each USDC trades at $1.0000.

How does OUSG compare to USDC?

Ondo Short-Term U.S. Government Bond Fund's market cap of $321.23M sits far above USDC's $74.01B. For OUSG to reach USDC's current valuation, the price would need to move 230x 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.