LIVE
BTC$86,707.00▲ 2.29%ETH$2,724.67▲ 1.22%USDT$0.9999▼ 0.00%BNB$798.58▲ 1.93%XRP$1.52▲ 2.27%USDC$0.9999▼ 0.01%SOL$121.06▲ 0.88%TRX$0.3361▲ 0.13%FIGR_HELOC$1.07▲ 0.11%ZEC$1,340.10▲ 2.43%HYPE$90.16▲ 0.65%DOGE$0.0961▲ 3.66%LINK$14.16▲ 0.53%XMR$546.49▼ 0.42%WBT$86.17▲ 2.14%ADA$0.2633▲ 8.04%USDS$0.9999▲ 0.01%LEO$9.01▲ 0.03%RAIN$0.0114▼ 7.74%XLM$0.2250▲ 4.31%BCH$318.73▲ 0.30%NEAR$4.87▲ 0.51%UNI$9.08▲ 0.37%LTC$70.33▲ 0.54%CC$0.1281▲ 1.44%SUI$1.22▲ 3.75%USDE$0.9996▼ 0.01%AVAX$10.96▼ 1.04%DAI$0.9999▼ 0.01%HBAR$0.1041▲ 2.31%BTC$86,707.00▲ 2.29%ETH$2,724.67▲ 1.22%USDT$0.9999▼ 0.00%BNB$798.58▲ 1.93%XRP$1.52▲ 2.27%USDC$0.9999▼ 0.01%SOL$121.06▲ 0.88%TRX$0.3361▲ 0.13%FIGR_HELOC$1.07▲ 0.11%ZEC$1,340.10▲ 2.43%HYPE$90.16▲ 0.65%DOGE$0.0961▲ 3.66%LINK$14.16▲ 0.53%XMR$546.49▼ 0.42%WBT$86.17▲ 2.14%ADA$0.2633▲ 8.04%USDS$0.9999▲ 0.01%LEO$9.01▲ 0.03%RAIN$0.0114▼ 7.74%XLM$0.2250▲ 4.31%BCH$318.73▲ 0.30%NEAR$4.87▲ 0.51%UNI$9.08▲ 0.37%LTC$70.33▲ 0.54%CC$0.1281▲ 1.44%SUI$1.22▲ 3.75%USDE$0.9996▼ 0.01%AVAX$10.96▼ 1.04%DAI$0.9999▼ 0.01%HBAR$0.1041▲ 2.31%
G.MARKETS/PAIR ANALYSIS·Tether logoUSDT→Ethereum logoETH· LIVE· as of 01:44 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

USDT WOULD BE
$0.00000000
currently $0.9999 · target mcap $332.71B
▲ 0.00x TO MATCHUSDT NEEDS A 1.81x MOVE TO MATCH ETH
COIN PROFILES·USDT vs ETH
Tether logo
USDTVerified by G.MARKETS
Tether
SOURCE

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.

PRICE$0.9999
24H CHANGE▼ 0.00%
MARKET CAP$184.06BFDV $189.53B · 3% supply locked
RANK#3
SUPPLY184.1B USDT
DOMINANCE6.14%
7d▲ 0.01%
VS
Ethereum logo
ETHVerified by G.MARKETS
Ethereum
TARGET

Ethereum is a global, open-source platform for decentralized applications.

PRICE$2,724.67
24H CHANGE▲ 1.22%
MARKET CAP$332.71BFDV $332.71B · Fully circulating
RANK#2
SUPPLY122.1M ETH
DOMINANCE11.09%
7d▲ 1.93%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
1.81x bigger
USDT$184.06B
ETH$332.71B
THE CLIMBTether logoUSDT→Ethereum logoETHMULTIPLIER▲ 1.81xGAP$148.65B
Tether logo
SOURCEUSDT$184.06B
Ethereum logo
TARGETETH$332.71B
log scale · mcap in USDOct 5, 2026
Tether logo
USDTTether
$184.06BSOURCE
Ethereum logo
ETHEthereum
$332.71BTARGET
mcap in USDOct 5, 2026
BAG SCENARIOS·IF USDT HIT ETH MCAP·TARGET $1.81
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 USDT$99.99$180.73+$80.75
Coffee money1K USDT$999.86$1,807.35+$807.49
Small bag10K USDT$9,998.56$18,073.46+$8,074.90
Real bag100K USDT$99,985.60$180,734.57+$80,748.97
Whale bag1M USDT$999,856.00$1,807,345.69+$807,489.69
Generational10M USDT$9,998,560.00$18,073,456.94+$8,074,896.94
$332.71B compared to the world
JPMorganJPM
$680.00B
ETH mcap is 48.9% of JPMorgan
WalmartWMT
$600.00B
ETH mcap is 55.5% of Walmart
VisaV
$580.00B
ETH mcap is 57.4% of Visa
UnitedHealthUNH
$450.00B
ETH mcap is 73.9% of UnitedHealth
NetflixNFLX
$380.00B
ETH mcap is 87.6% of Netflix
UberUBER
$160.00B
ETH mcap is 2.08× Uber

About this comparison

This page compares the market capitalizations of Tether (USDT) and Ethereum (ETH). With Tether currently at $0.9999 per coin and a market cap of $184.06B, and Ethereum at $2,724.67 with a market cap of $332.71B, applying Ethereum's market cap to Tether's circulating supply produces a hypothetical USDT price of $1.81 — a 1.81x move from current.

Tether: Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.

Ethereum: Ethereum is a global, open-source platform for decentralized applications.

All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.

Frequently asked

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

If Tether (USDT) had Ethereum's (ETH) current market cap of $332.71B, each USDT would be worth approximately $1.81 based on the circulating supply of 184,088,295,340 USDT. That is 1.81x the current USDT price of $0.9999.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.06B, ranking #3 by market capitalization. Each USDT trades at $0.9999.

What is the current market cap of Ethereum?

Ethereum (ETH) currently has a market cap of $332.71B, ranking #2 by market capitalization. Each ETH trades at $2,724.67.

How does USDT compare to ETH?

Tether's market cap of $184.06B sits slightly above Ethereum's $332.71B. For USDT to reach ETH's current valuation, the price would need to move 1.81x 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 Tether'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.