G.MARKETS
BTC$64,297.00+2.20%
LIVE
BTC$64,297.00▲ 2.20%ETH$1,813.28▲ 1.85%USDT$0.9993▲ 0.02%BNB$588.75▲ 0.07%USDC$0.9999▲ 0.01%XRP$1.15▲ 0.81%SOL$82.53▲ 1.28%TRX$0.3291▲ 0.34%FIGR_HELOC$1.04▼ 0.52%HYPE$71.19▲ 0.37%DOGE$0.0773▼ 0.20%USDS$0.9998▼ 0.00%RAIN$0.0151▼ 1.00%LEO$9.41▲ 1.58%ZEC$454.57▼ 1.69%ADA$0.1856▼ 2.66%XLM$0.2017▼ 0.03%WBT$57.61▲ 1.35%XMR$324.96▼ 1.13%LINK$8.06▲ 0.52%CC$0.1384▼ 1.80%LAB$15.66▼ 7.60%BCH$246.73▲ 0.73%GRAM$1.79▲ 0.78%DAI$0.9998▼ 0.00%USD1$0.9983▼ 0.06%USDE$0.9988▲ 0.02%LTC$45.33▼ 0.60%HBAR$0.0738▼ 2.34%USDG$1.0000▲ 0.00%BTC$64,297.00▲ 2.20%ETH$1,813.28▲ 1.85%USDT$0.9993▲ 0.02%BNB$588.75▲ 0.07%USDC$0.9999▲ 0.01%XRP$1.15▲ 0.81%SOL$82.53▲ 1.28%TRX$0.3291▲ 0.34%FIGR_HELOC$1.04▼ 0.52%HYPE$71.19▲ 0.37%DOGE$0.0773▼ 0.20%USDS$0.9998▼ 0.00%RAIN$0.0151▼ 1.00%LEO$9.41▲ 1.58%ZEC$454.57▼ 1.69%ADA$0.1856▼ 2.66%XLM$0.2017▼ 0.03%WBT$57.61▲ 1.35%XMR$324.96▼ 1.13%LINK$8.06▲ 0.52%CC$0.1384▼ 1.80%LAB$15.66▼ 7.60%BCH$246.73▲ 0.73%GRAM$1.79▲ 0.78%DAI$0.9998▼ 0.00%USD1$0.9983▼ 0.06%USDE$0.9988▲ 0.02%LTC$45.33▼ 0.60%HBAR$0.0738▼ 2.34%USDG$1.0000▲ 0.00%
ACTIVEPayPal USDPYUSD→TetherUSDT
PYUSD WOULD BE$65.08
MULTIPLIER▲ 65.1x
TARGET MCAP$184.21B
G.MARKETS/PAIR ANALYSIS·PayPal USD logoPYUSD→Tether logoUSDT· LIVE· as of 21:51 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap →

PYUSD WOULD BE
$0.00000000
currently $0.9998 · target mcap $184.21B
MULTIPLIER
▲0.00x

PYUSD needs a 65.1x move to match USDT's valuation

COIN PROFILES·PYUSD vs USDT
PayPal USD logo
PYUSDUnverified
PayPal USD
SOURCE

PayPal USD is designed to contribute to the opportunity stablecoins offer for payments and is 100% backed by U.S.

PRICE$0.9998
24H CHANGE▼ 0.00%
MARKET CAP$2.83BFDV $2.83B · Fully circulating
RANK#34
SUPPLY2.8B PYUSD
DOMINANCE0.09%
7d▼ 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▲ 0.02%
MARKET CAP$184.21BFDV $189.67B · 3% supply locked
RANK#3
SUPPLY184.3B USDT
DOMINANCE6.14%
7d▲ 0.07%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
65.1x bigger
PYUSD$2.83B
USDT$184.21B
THE CLIMBPayPal USD logoPYUSD→Tether logoUSDTMULTIPLIER▲ 65.1xGAP$181.38B
$10.00B$100.00B
PayPal USD logo
SOURCEPYUSD$2.83B
Tether logo
TARGETUSDT$184.21B
Avalanche logo
AVAX$3.01B
Global Dollar logo
USDG$3.16B
Litecoin logo
LTC$3.51B
Dai logo
DAI$4.64B
Bitcoin Cash logo
BCH$4.95B
Chainlink logo
LINK$6.03B
WhiteBIT Coin logo
WBT$6.80B
Zcash logo
ZEC$7.63B
Rain logo
RAIN$10.00B
Hyperliquid logo
HYPE$15.84B
TRON logo
TRX$31.21B
USDC logo
USDC$73.08B
log scale · mcap in USDJul 6, 2026
PayPal USD logo
PYUSDPayPal USD
$2.83BSOURCE
Avalanche logo
AVAX
$3.01B
Global Dollar logo
USDG
$3.16B
Litecoin logo
LTC
$3.51B
Dai logo
DAI
$4.64B
Bitcoin Cash logo
BCH
$4.95B
Chainlink logo
LINK
$6.03B
WhiteBIT Coin logo
WBT
$6.80B
Zcash logo
ZEC
$7.63B
Rain logo
RAIN
$10.00B
Hyperliquid logo
HYPE
$15.84B
TRON logo
TRX
$31.21B
USDC logo
USDC
$73.08B
Tether logo
USDTTether
$184.21BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF PYUSD HIT USDT MCAP·TARGET $65.08
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 PYUSD$99.98$6,508.05+$6,408.07
Coffee money1K PYUSD$999.81$65,080.49+$64,080.68
Small bag10K PYUSD$9,998.06$650,804.89+$640,806.83
Real bag100K PYUSD$99,980.60$6,508,048.87+$6,408,068.27
Whale bag1M PYUSD$999,806.00$65,080,488.74+$64,080,682.74
Generational10M PYUSD$9,998,060.00$650,804,887.42+$640,806,827.42

FOR CONTEXT

$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
RELATED COMPARISONS·OTHER WAYS TO ASK
PayPal USD logoPYUSD→Bitcoin logoBTCVerified by G.MARKETS
$454.77▲ 455x
PayPal USD logoPYUSD→Ethereum logoETHVerified by G.MARKETS
$77.25▲ 77.3x
PayPal USD logoPYUSD→BNB logoBNBVerified by G.MARKETS
$28.02▲ 28.0x
PayPal USD logoPYUSD→USDC logoUSDCVerified by G.MARKETS
$25.82▲ 25.8x
PayPal USD logoPYUSD→XRP logoXRPVerified by G.MARKETS
$25.31▲ 25.3x
PayPal USD logoPYUSD→Solana logoSOLVerified by G.MARKETS
$16.95▲ 17.0x

About this comparison

This page compares the market capitalizations of PayPal USD (PYUSD) and Tether (USDT). With PayPal USD currently at $0.9998 per coin and a market cap of $2.83B, and Tether at $0.9993 with a market cap of $184.21B, applying Tether's market cap to PayPal USD's circulating supply produces a hypothetical PYUSD price of $65.08 — a 65.1x 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 $184.21B, each PYUSD would be worth approximately $65.08 based on the circulating supply of 2,830,485,318 PYUSD. That is 65.1x the current PYUSD price of $0.9998.

What is the current market cap of PayPal USD?

PayPal USD (PYUSD) currently has a market cap of $2.83B, ranking #34 by market capitalization. Each PYUSD trades at $0.9998.

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 PYUSD compare to USDT?

PayPal USD's market cap of $2.83B sits well above Tether's $184.21B. For PYUSD to reach USDT's current valuation, the price would need to move 65.1x 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 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.