If ... had ...'s mcap →
About this comparison
This page compares the market capitalizations of Tether (USDT) and USDC (USDC). With Tether currently at $0.9990 per coin and a market cap of $189.66B, and USDC at $0.9997 with a market cap of $76.96B, applying USDC's market cap to Tether's circulating supply produces a hypothetical USDT price of $0.4054 — a 0.41x 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 $76.96B, each USDT would be worth approximately $0.4054 based on the circulating supply of 189,852,859,771 USDT. That is 0.41x the current USDT price of $0.9990.
What is the current market cap of Tether?
Tether (USDT) currently has a market cap of $189.66B, ranking #3 by market capitalization. Each USDT trades at $0.9990.
What is the current market cap of USDC?
USDC (USDC) currently has a market cap of $76.96B, ranking #6 by market capitalization. Each USDC trades at $0.9997.
How does USDT compare to USDC?
Tether's market cap of $189.66B sits well below USDC's $76.96B. For USDT to reach USDC's current valuation, the price would need to move 0.41x 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.