LIVE
BTC$64,024.00 0.74%ETH$1,798.57 0.79%USDT$0.9993 0.03%BNB$585.81 0.54%USDC$0.9999 0.01%XRP$1.15 1.03%SOL$81.95 0.45%TRX$0.3293 0.16%FIGR_HELOC$1.04 0.52%HYPE$70.69 0.57%DOGE$0.0766 1.81%USDS$0.9998 0.01%RAIN$0.0151 0.20%LEO$9.40 1.48%ZEC$455.42 1.62%ADA$0.1843 2.82%XLM$0.1998 1.41%WBT$57.46 0.20%XMR$323.28 1.47%LINK$8.02 0.63%CC$0.1383 2.19%GRAM$1.79 0.49%BCH$241.63 0.92%LAB$15.37 7.96%DAI$0.9998 0.01%USD1$0.9991 0.02%USDE$0.9988 0.03%LTC$44.83 2.11%HBAR$0.0734 3.59%USDG$1.0000 0.00%BTC$64,024.00 0.74%ETH$1,798.57 0.79%USDT$0.9993 0.03%BNB$585.81 0.54%USDC$0.9999 0.01%XRP$1.15 1.03%SOL$81.95 0.45%TRX$0.3293 0.16%FIGR_HELOC$1.04 0.52%HYPE$70.69 0.57%DOGE$0.0766 1.81%USDS$0.9998 0.01%RAIN$0.0151 0.20%LEO$9.40 1.48%ZEC$455.42 1.62%ADA$0.1843 2.82%XLM$0.1998 1.41%WBT$57.46 0.20%XMR$323.28 1.47%LINK$8.02 0.63%CC$0.1383 2.19%GRAM$1.79 0.49%BCH$241.63 0.92%LAB$15.37 7.96%DAI$0.9998 0.01%USD1$0.9991 0.02%USDE$0.9988 0.03%LTC$44.83 2.11%HBAR$0.0734 3.59%USDG$1.0000 0.00%
G.MARKETS/PAIR ANALYSIS·PAX Gold logoPAXGTether logoUSDT· LIVE· as of 23:49 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

PAXG WOULD BE
$0.00000000
currently $4,153.46 · target mcap $184.21B
MULTIPLIER
0.00x

PAXG needs a 98.1x move to match USDT's valuation

COIN PROFILES·PAXG vs USDT
PAX Gold logo
PAX Gold
SOURCE

PAX Gold (PAXG) is an asset-backed token where one token should represent one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities.

PRICE$4,153.46
24H CHANGE 0.59%
MARKET CAP$1.88BFDV $1.88B · Fully circulating
RANK#43
SUPPLY452K PAXG
DOMINANCE0.06%
7d 1.88%
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 0.03%
MARKET CAP$184.21BFDV $189.68B · 3% supply locked
RANK#3
SUPPLY184.3B USDT
DOMINANCE6.14%
7d 0.11%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
98.1x bigger
PAXG$1.88B
USDT$184.21B
THE CLIMBPAX Gold logoPAXGTether logoUSDTMULTIPLIER 98.1xGAP$182.33B
$10.00B$100.00B
PAX Gold logo
SOURCEPAXG$1.88B
Tether logo
TARGETUSDT$184.21B
Uniswap logo
UNI$1.97B
BlackRock USD Institutional Digital Liquidity Fund logo
BUIDL$2.25B
Cronos logo
CRO$2.72B
Sui logo
SUI$3.03B
Hedera logo
HBAR$3.21B
USD1 logo
USD1$4.53B
Gram (prev. Toncoin) logo
GRAM$4.86B
Monero logo
XMR$6.07B
Cardano logo
ADA$6.87B
Rain logo
RAIN$9.99B
Figure Heloc logo
FIGR_HELOC$20.20B
XRP logo
XRP$71.27B
log scale · mcap in USDJul 6, 2026
PAX Gold logo
PAXGPAX Gold
$1.88BSOURCE
Uniswap logo
UNI
$1.97B
BlackRock USD Institutional Digital Liquidity Fund logo
BUIDL
$2.25B
Cronos logo
CRO
$2.72B
Sui logo
SUI
$3.03B
Hedera logo
HBAR
$3.21B
USD1 logo
USD1
$4.53B
Gram (prev. Toncoin) logo
GRAM
$4.86B
Monero logo
XMR
$6.07B
Cardano logo
ADA
$6.87B
Rain logo
RAIN
$9.99B
Figure Heloc logo
FIGR_HELOC
$20.20B
XRP logo
XRP
$71.27B
Tether logo
USDTTether
$184.21BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF PAXG HIT USDT MCAP·TARGET $407,414.43
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 PAXG$415,346.00$40,741,443.34+$40,326,097.34
Coffee money1K PAXG$4,153,460.00$407,414,433.38+$403,260,973.38
Small bag10K PAXG$41,534,600.00$4,074,144,333.81+$4,032,609,733.81
Real bag100K PAXG$415,346,000.00$40,741,443,338.13+$40,326,097,338.13
Whale bag1M PAXG$4,153,460,000.00$407,414,433,381.26+$403,260,973,381.26
Generational10M PAXG$41,534,600,000.00$4,074,144,333,812.62+$4,032,609,733,812.62
$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

About this comparison

This page compares the market capitalizations of PAX Gold (PAXG) and Tether (USDT). With PAX Gold currently at $4,153.46 per coin and a market cap of $1.88B, and Tether at $0.9993 with a market cap of $184.21B, applying Tether's market cap to PAX Gold's circulating supply produces a hypothetical PAXG price of $407,414.43 — a 98.1x move from current.

PAX Gold: PAX Gold (PAXG) is an asset-backed token where one token should represent one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities.

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 PAX Gold had Tether's market cap, what would the price be?

If PAX Gold (PAXG) had Tether's (USDT) current market cap of $184.21B, each PAXG would be worth approximately $407,414.43 based on the circulating supply of 452,150 PAXG. That is 98.1x the current PAXG price of $4,153.46.

What is the current market cap of PAX Gold?

PAX Gold (PAXG) currently has a market cap of $1.88B, ranking #43 by market capitalization. Each PAXG trades at $4,153.46.

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 PAXG compare to USDT?

PAX Gold's market cap of $1.88B sits well above Tether's $184.21B. For PAXG to reach USDT's current valuation, the price would need to move 98.1x 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 PAX Gold'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.