LIVE
BTC$83,529.00▲ 0.89%ETH$2,543.11▲ 1.73%USDT$0.9991▼ 0.01%BNB$750.67▲ 0.76%XRP$1.40▲ 1.12%USDC$0.9997▲ 0.00%SOL$111.54▲ 2.17%TRX$0.3314▲ 0.42%FIGR_HELOC$1.06▼ 0.85%ZEC$1,279.58▲ 4.67%HYPE$87.05▲ 2.49%DOGE$0.0868▲ 1.98%USDS$0.9998▼ 0.00%LINK$13.33▲ 3.53%XMR$535.35▲ 2.08%WBT$82.27▲ 1.05%ADA$0.2503▲ 1.73%LEO$8.91▼ 0.04%NEAR$5.86▲ 12.88%XLM$0.2012▲ 3.35%BCH$284.65▲ 3.27%LTC$64.89▲ 2.77%CC$0.1258▲ 6.91%AVAX$10.87▲ 6.50%UNI$7.69▲ 2.51%USDE$0.9992▼ 0.00%SUI$1.11▲ 1.93%DAI$1.00▲ 0.02%BTW$1.67▲ 3.77%USD1$0.9991▲ 0.00%BTC$83,529.00▲ 0.89%ETH$2,543.11▲ 1.73%USDT$0.9991▼ 0.01%BNB$750.67▲ 0.76%XRP$1.40▲ 1.12%USDC$0.9997▲ 0.00%SOL$111.54▲ 2.17%TRX$0.3314▲ 0.42%FIGR_HELOC$1.06▼ 0.85%ZEC$1,279.58▲ 4.67%HYPE$87.05▲ 2.49%DOGE$0.0868▲ 1.98%USDS$0.9998▼ 0.00%LINK$13.33▲ 3.53%XMR$535.35▲ 2.08%WBT$82.27▲ 1.05%ADA$0.2503▲ 1.73%LEO$8.91▼ 0.04%NEAR$5.86▲ 12.88%XLM$0.2012▲ 3.35%BCH$284.65▲ 3.27%LTC$64.89▲ 2.77%CC$0.1258▲ 6.91%AVAX$10.87▲ 6.50%UNI$7.69▲ 2.51%USDE$0.9992▼ 0.00%SUI$1.11▲ 1.93%DAI$1.00▲ 0.02%BTW$1.67▲ 3.77%USD1$0.9991▲ 0.00%
G.MARKETS/PAIR ANALYSIS·Tether logoUSDT→PayPal USD logoPYUSD· LIVE· as of 03:58 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

USDT WOULD BE
$0.00000000
currently $0.9991 · target mcap $2.92B
▼ 0.00x TO MATCHUSDT WOULD FALL TO 0.02x OF TODAY AT PYUSD'S VALUATION
COIN PROFILES·USDT vs PYUSD
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$0.9991
24H CHANGE▼ 0.01%
MARKET CAP$184.08BFDV $189.54B · 3% supply locked
RANK#3
SUPPLY184.3B USDT
DOMINANCE6.14%
7d▼ 0.07%
VS
PayPal USD logo
PayPal USD
TARGET

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▲ 0.02%
MARKET CAP$2.92BFDV $2.92B · Fully circulating
RANK#40
SUPPLY2.9B PYUSD
DOMINANCE0.10%
7d▼ 0.01%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
1.6% the size
USDT$184.08B
PYUSD$2.92B
THE CLIMBTether logoUSDT→PayPal USD logoPYUSDMULTIPLIER▼ 63.1xGAP$181.17B
$10.00B$100.00B
Tether logo
SOURCEUSDT$184.08B
PayPal USD logo
TARGETPYUSD$2.92B
Cronos logo
CRO$3.04B
Ethena logo
ENA$3.25B
Quant logo
QNT$3.48B
USD1 logo
USD1$4.26B
Sui logo
SUI$4.59B
Avalanche logo
AVAX$4.82B
Bitcoin Cash logo
BCH$5.72B
LEO Token logo
LEO$8.19B
Monero logo
XMR$10.07B
Dogecoin logo
DOGE$13.57B
Figure Heloc logo
FIGR_HELOC$25.09B
USDC logo
USDC$72.90B
log scale · mcap in USDOct 12, 2026
Tether logo
USDTTether
$184.08BSOURCE
Cronos logo
CRO
$3.04B
Ethena logo
ENA
$3.25B
Quant logo
QNT
$3.48B
USD1 logo
USD1
$4.26B
Sui logo
SUI
$4.59B
Avalanche logo
AVAX
$4.82B
Bitcoin Cash logo
BCH
$5.72B
LEO Token logo
LEO
$8.19B
Monero logo
XMR
$10.07B
Dogecoin logo
DOGE
$13.57B
Figure Heloc logo
FIGR_HELOC
$25.09B
USDC logo
USDC
$72.90B
PayPal USD logo
PYUSDPayPal USD
$2.92BTARGET
mcap in USDOct 12, 2026
BAG SCENARIOS·IF USDT HIT PYUSD MCAP·TARGET $0.0158
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 USDT$99.91$1.58−$98.33
Coffee money1K USDT$999.08$15.83−$983.25
Small bag10K USDT$9,990.82$158.30−$9,832.52
Real bag100K USDT$99,908.20$1,582.99−$98,325.21
Whale bag1M USDT$999,082.00$15,829.86−$983,252.14
Generational10M USDT$9,990,820.00$158,298.61−$9,832,521.39
$2.92B compared to the world
NikeNKE
$130.00B
PYUSD mcap is 2.2% of Nike
StarbucksSBUX
$100.00B
PYUSD mcap is 2.9% of Starbucks
SpotifySPOT
$90.00B
PYUSD mcap is 3.2% of Spotify
RobloxRBLX
$30.00B
PYUSD mcap is 9.7% of Roblox
RedditRDDT
$25.00B
PYUSD mcap is 11.7% of Reddit
SnapchatSNAP
$20.00B
PYUSD mcap is 14.6% of Snapchat

About this comparison

This page compares the market capitalizations of Tether (USDT) and PayPal USD (PYUSD). With Tether currently at $0.9991 per coin and a market cap of $184.08B, and PayPal USD at $0.9998 with a market cap of $2.92B, applying PayPal USD's market cap to Tether's circulating supply produces a hypothetical USDT price of $0.0158 — a 0.02x move from current.

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

PayPal USD: PayPal USD is designed to contribute to the opportunity stablecoins offer for payments and is 100% backed by 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 Tether had PayPal USD's market cap, what would the price be?

If Tether (USDT) had PayPal USD's (PYUSD) current market cap of $2.92B, each USDT would be worth approximately $0.0158 based on the circulating supply of 184,250,955,791 USDT. That is 0.02x the current USDT price of $0.9991.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.08B, ranking #3 by market capitalization. Each USDT trades at $0.9991.

What is the current market cap of PayPal USD?

PayPal USD (PYUSD) currently has a market cap of $2.92B, ranking #40 by market capitalization. Each PYUSD trades at $0.9998.

How does USDT compare to PYUSD?

Tether's market cap of $184.08B sits far below PayPal USD's $2.92B. For USDT to reach PYUSD's current valuation, the price would need to move 0.02x 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.