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 Dollar logoUSDPTether logoUSDT· LIVE· as of 23:50 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

USDP WOULD BE
$0.00000000
currently $0.9996 · target mcap $184.21B
MULTIPLIER
0.00x

USDP needs a 5.8Kx move to match USDT's valuation

REALITY CHECKAt USDP's current 24h rate of +0.04%, compounding daily would take ~57 years to reach USDT's market cap.
COIN PROFILES·USDP vs USDT
Pax Dollar logo
Pax Dollar
SOURCE

Pax Dollar (USDP) was created by Paxos, a financial technology company on a mission to modernize finance by mobilizing assets at the speed of the internet.

PRICE$0.9996
24H CHANGE 0.04%
MARKET CAP$31.94MFDV $31.94M · Fully circulating
RANK#617
SUPPLY32.0M USDP
DOMINANCE<0.01%
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
5.8Kx bigger
USDP$31.94M
USDT$184.21B
THE CLIMBPax Dollar logoUSDPTether logoUSDTMULTIPLIER 5.8KxGAP$184.18B
$100.00M$1.00B$10.00B$100.00B
Pax Dollar logo
SOURCEUSDP$31.94M
Tether logo
TARGETUSDT$184.21B
Tradable NA Third Party Online Merchant SSTN logo
PC0000015$110.23M
Genius logo
GENIUS$126.45M
Theta Network logo
THETA$144.50M
Spiko US T-Bills Money Market Fund logo
USTBL$170.80M
Tradable NA Rent Financing Platform SSTN logo
PC0000031$202.50M
Unibase logo
UB$253.40M
Grass logo
GRASS$347.88M
TrueUSD logo
TUSD$493.51M
ADI logo
ADI$735.93M
Ethereum Classic logo
ETC$1.11B
World Liberty Financial logo
WLFI$1.86B
LAB logo
LAB$4.80B
log scale · mcap in USDJul 6, 2026
Pax Dollar logo
USDPPax Dollar
$31.94MSOURCE
Tradable NA Third Party Online Merchant SSTN logo
PC0000015
$110.23M
Genius logo
GENIUS
$126.45M
Theta Network logo
THETA
$144.50M
Spiko US T-Bills Money Market Fund logo
USTBL
$170.80M
Tradable NA Rent Financing Platform SSTN logo
PC0000031
$202.50M
Unibase logo
UB
$253.40M
Grass logo
GRASS
$347.88M
TrueUSD logo
TUSD
$493.51M
ADI logo
ADI
$735.93M
Ethereum Classic logo
ETC
$1.11B
World Liberty Financial logo
WLFI
$1.86B
LAB logo
LAB
$4.80B
Tether logo
USDTTether
$184.21BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF USDP HIT USDT MCAP·TARGET $5,764.92
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 USDP$99.96$576,492.05+$576,392.09
Coffee money1K USDP$999.58$5,764,920.49+$5,763,920.90
Small bag10K USDP$9,995.84$57,649,204.87+$57,639,209.03
Real bag100K USDP$99,958.40$576,492,048.72+$576,392,090.32
Whale bag1M USDP$999,584.00$5,764,920,487.24+$5,763,920,903.24
Generational10M USDP$9,995,840.00$57,649,204,872.37+$57,639,209,032.37
$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 Dollar (USDP) and Tether (USDT). With Pax Dollar currently at $0.9996 per coin and a market cap of $31.94M, and Tether at $0.9993 with a market cap of $184.21B, applying Tether's market cap to Pax Dollar's circulating supply produces a hypothetical USDP price of $5,764.92 — a 5.8Kx move from current.

Pax Dollar: Pax Dollar (USDP) was created by Paxos, a financial technology company on a mission to modernize finance by mobilizing assets at the speed of the internet.

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

If Pax Dollar (USDP) had Tether's (USDT) current market cap of $184.21B, each USDP would be worth approximately $5,764.92 based on the circulating supply of 31,954,027 USDP. That is 5.8Kx the current USDP price of $0.9996.

What is the current market cap of Pax Dollar?

Pax Dollar (USDP) currently has a market cap of $31.94M, ranking #617 by market capitalization. Each USDP trades at $0.9996.

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 USDP compare to USDT?

Pax Dollar's market cap of $31.94M sits orders of magnitude beyond Tether's $184.21B. For USDP to reach USDT's current valuation, the price would need to move 5.8Kx 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 Dollar'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.