LIVE
BTC$85,798.00▼ 0.67%ETH$2,713.18▼ 0.30%USDT$0.9999▲ 0.01%BNB$786.43▼ 0.92%XRP$1.51▼ 0.57%USDC$1.0000▲ 0.00%SOL$120.86▼ 0.17%TRX$0.3362▲ 0.30%FIGR_HELOC$1.03▲ 0.00%ZEC$1,347.55▼ 0.08%HYPE$94.43▲ 4.52%DOGE$0.0953▼ 0.61%XMR$560.68▲ 2.93%LINK$13.85▼ 2.46%WBT$85.71▼ 0.29%ADA$0.2699▲ 3.98%USDS$0.9998▼ 0.00%LEO$8.92▼ 0.72%RAIN$0.0114▲ 1.21%XLM$0.2160▼ 3.27%NEAR$5.32▲ 8.46%BCH$316.45▼ 0.46%UNI$9.05▼ 0.77%LTC$69.86▼ 1.33%CC$0.1258▼ 2.41%SUI$1.21▼ 0.14%USDE$0.9997▲ 0.01%AVAX$11.17▲ 1.62%DAI$1.0000▲ 0.01%HBAR$0.1014▼ 2.57%BTC$85,798.00▼ 0.67%ETH$2,713.18▼ 0.30%USDT$0.9999▲ 0.01%BNB$786.43▼ 0.92%XRP$1.51▼ 0.57%USDC$1.0000▲ 0.00%SOL$120.86▼ 0.17%TRX$0.3362▲ 0.30%FIGR_HELOC$1.03▲ 0.00%ZEC$1,347.55▼ 0.08%HYPE$94.43▲ 4.52%DOGE$0.0953▼ 0.61%XMR$560.68▲ 2.93%LINK$13.85▼ 2.46%WBT$85.71▼ 0.29%ADA$0.2699▲ 3.98%USDS$0.9998▼ 0.00%LEO$8.92▼ 0.72%RAIN$0.0114▲ 1.21%XLM$0.2160▼ 3.27%NEAR$5.32▲ 8.46%BCH$316.45▼ 0.46%UNI$9.05▼ 0.77%LTC$69.86▼ 1.33%CC$0.1258▼ 2.41%SUI$1.21▼ 0.14%USDE$0.9997▲ 0.01%AVAX$11.17▲ 1.62%DAI$1.0000▲ 0.01%HBAR$0.1014▼ 2.57%
G.MARKETS/PAIR ANALYSIS·Tether logoUSDT→USDC logoUSDC· LIVE· as of 00:38 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

USDT WOULD BE
$0.00000000
currently $0.9999 · target mcap $74.24B
▼ 0.00x TO MATCHUSDT WOULD FALL TO 0.40x OF TODAY AT USDC'S VALUATION
COIN PROFILES·USDT vs USDC
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▲ 0.01%
MARKET CAP$184.08BFDV $189.55B · 3% supply locked
RANK#3
SUPPLY184.1B USDT
DOMINANCE6.14%
7d▲ 0.03%
VS
USDC logo
USDCVerified by G.MARKETS
USDC
TARGET

USDC is a fully collateralized US dollar stablecoin.

PRICE$1.0000
24H CHANGE▲ 0.00%
MARKET CAP$74.24BFDV $74.25B · Fully circulating
RANK#6
SUPPLY74.2B USDC
DOMINANCE2.47%
7d▲ 0.01%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
40.3% the size
USDT$184.08B
USDC$74.24B
THE CLIMBTether logoUSDT→USDC logoUSDCMULTIPLIER▼ 2.48xGAP$109.84B
$100.00B
Tether logo
SOURCEUSDT$184.08B
USDC logo
TARGETUSDC$74.24B
XRP logo
XRP$95.05B
BNB logo
BNB$104.72B
log scale · mcap in USDOct 6, 2026
Tether logo
USDTTether
$184.08BSOURCE
XRP logo
XRP
$95.05B
BNB logo
BNB
$104.72B
USDC logo
USDCUSDC
$74.24BTARGET
mcap in USDOct 6, 2026
BAG SCENARIOS·IF USDT HIT USDC MCAP·TARGET $0.4033
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 USDT$99.99$40.33−$59.66
Coffee money1K USDT$999.93$403.30−$596.63
Small bag10K USDT$9,999.30$4,032.96−$5,966.34
Real bag100K USDT$99,993.00$40,329.63−$59,663.37
Whale bag1M USDT$999,930.00$403,296.34−$596,633.66
Generational10M USDT$9,999,300.00$4,032,963.45−$5,966,336.55
$74.24B compared to the world
UberUBER
$160.00B
USDC mcap is 46.4% of Uber
NikeNKE
$130.00B
USDC mcap is 57.1% of Nike
StarbucksSBUX
$100.00B
USDC mcap is 74.2% of Starbucks
SpotifySPOT
$90.00B
USDC mcap is 82.5% of Spotify
RobloxRBLX
$30.00B
USDC mcap is 2.47× Roblox
RedditRDDT
$25.00B
USDC mcap is 2.97× Reddit

About this comparison

This page compares the market capitalizations of Tether (USDT) and USDC (USDC). With Tether currently at $0.9999 per coin and a market cap of $184.08B, and USDC at $1.0000 with a market cap of $74.24B, applying USDC's market cap to Tether's circulating supply produces a hypothetical USDT price of $0.4033 — a 0.40x move from current.

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

USDC: USDC is a fully collateralized US dollar stablecoin.

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 USDC's market cap, what would the price be?

If Tether (USDT) had USDC's (USDC) current market cap of $74.24B, each USDT would be worth approximately $0.4033 based on the circulating supply of 184,088,295,340 USDT. That is 0.40x the current USDT price of $0.9999.

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 $0.9999.

What is the current market cap of USDC?

USDC (USDC) currently has a market cap of $74.24B, ranking #6 by market capitalization. Each USDC trades at $1.0000.

How does USDT compare to USDC?

Tether's market cap of $184.08B sits well below USDC's $74.24B. For USDT to reach USDC's current valuation, the price would need to move 0.40x 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.