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PayPal USD is designed to contribute to the opportunity stablecoins offer for payments and is 100% backed by U.S.
Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.
FOR CONTEXT
$184.05B compared to the worldAbout this comparison
This page compares the market capitalizations of PayPal USD (PYUSD) and Tether (USDT). With PayPal USD currently at $1.0000 per coin and a market cap of $2.90B, and Tether at $0.9998 with a market cap of $184.05B, applying Tether's market cap to PayPal USD's circulating supply produces a hypothetical PYUSD price of $63.49 — a 63.5x move from current.
PayPal USD: PayPal USD is designed to contribute to the opportunity stablecoins offer for payments and is 100% backed by U.S.
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 PayPal USD had Tether's market cap, what would the price be?
If PayPal USD (PYUSD) had Tether's (USDT) current market cap of $184.05B, each PYUSD would be worth approximately $63.49 based on the circulating supply of 2,898,906,438 PYUSD. That is 63.5x the current PYUSD price of $1.0000.
What is the current market cap of PayPal USD?
PayPal USD (PYUSD) currently has a market cap of $2.90B, ranking #41 by market capitalization. Each PYUSD trades at $1.0000.
What is the current market cap of Tether?
Tether (USDT) currently has a market cap of $184.05B, ranking #3 by market capitalization. Each USDT trades at $0.9998.
How does PYUSD compare to USDT?
PayPal USD's market cap of $2.90B sits well above Tether's $184.05B. For PYUSD to reach USDT's current valuation, the price would need to move 63.5x 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 PayPal 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.