LIVE
BTC$64,192.00 0.70%ETH$1,873.91 0.30%USDT$0.9993 0.00%BNB$593.54 0.50%USDC$0.9997 0.00%XRP$1.08 0.60%SOL$74.06 0.40%TRX$0.3270 0.40%FIGR_HELOC$1.00 0.40%HYPE$55.08 1.80%DOGE$0.0703 0.30%USDS$0.9998 0.00%LEO$9.74 0.10%RAIN$0.0125 2.10%ZEC$506.08 3.80%ADA$0.1933 0.30%XMR$352.86 2.90%WBT$55.54 0.40%LINK$8.17 0.30%XLM$0.1698 1.30%DAI$0.9998 0.00%BCH$213.84 0.20%CC$0.1086 5.60%USD1$0.9994 0.00%USDE$0.9998 0.00%GRAM$1.39 1.70%USDG$1.0000 0.10%LTC$44.90 1.10%HBAR$0.0696 2.00%USYC$1.13 0.10%BTC$64,192.00 0.70%ETH$1,873.91 0.30%USDT$0.9993 0.00%BNB$593.54 0.50%USDC$0.9997 0.00%XRP$1.08 0.60%SOL$74.06 0.40%TRX$0.3270 0.40%FIGR_HELOC$1.00 0.40%HYPE$55.08 1.80%DOGE$0.0703 0.30%USDS$0.9998 0.00%LEO$9.74 0.10%RAIN$0.0125 2.10%ZEC$506.08 3.80%ADA$0.1933 0.30%XMR$352.86 2.90%WBT$55.54 0.40%LINK$8.17 0.30%XLM$0.1698 1.30%DAI$0.9998 0.00%BCH$213.84 0.20%CC$0.1086 5.60%USD1$0.9994 0.00%USDE$0.9998 0.00%GRAM$1.39 1.70%USDG$1.0000 0.10%LTC$44.90 1.10%HBAR$0.0696 2.00%USYC$1.13 0.10%
G.MARKETS/PAIR ANALYSIS·Tether logoUSDTUSDS logoUSDS· LIVE· as of 22:39 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

USDT WOULD BE
$0.00000000
currently $0.9993 · target mcap $9.85B
MULTIPLIER
0.00x

USDT would drop to 0.05x of its current price at USDS's valuation

COIN PROFILES·USDT vs USDS
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$0.9993
24H CHANGE 0.00%
MARKET CAP$183.16BFDV $188.63B · 3% supply locked
RANK#3
SUPPLY183.3B USDT
DOMINANCE6.11%
7d 0.00%
VS
USDS logo
USDS
TARGET

USDS is the stablecoin of the decentralized Sky ecosystem, designed to maintain a soft peg (a value intended to stay close) to the U.S.

PRICE$0.9998
24H CHANGE 0.00%
MARKET CAP$9.85BFDV $9.84B · Fully circulating
RANK#12
SUPPLY9.8B USDS
DOMINANCE0.33%
7d 0.00%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
5.4% the size
USDT$183.16B
USDS$9.85B
THE CLIMBTether logoUSDTUSDS logoUSDSMULTIPLIER 18.6xGAP$173.32B
$100.00B
Tether logo
SOURCEUSDT$183.16B
USDS logo
TARGETUSDS$9.85B
Dogecoin logo
DOGE$10.92B
Hyperliquid logo
HYPE$12.25B
Figure Heloc logo
FIGR_HELOC$20.98B
TRON logo
TRX$31.03B
Solana logo
SOL$43.05B
XRP logo
XRP$67.23B
USDC logo
USDC$72.17B
BNB logo
BNB$79.04B
log scale · mcap in USDAug 4, 2026
Tether logo
USDTTether
$183.16BSOURCE
Dogecoin logo
DOGE
$10.92B
Hyperliquid logo
HYPE
$12.25B
Figure Heloc logo
FIGR_HELOC
$20.98B
TRON logo
TRX
$31.03B
Solana logo
SOL
$43.05B
XRP logo
XRP
$67.23B
USDC logo
USDC
$72.17B
BNB logo
BNB
$79.04B
USDS logo
USDSUSDS
$9.85BTARGET
mcap in USDAug 4, 2026
BAG SCENARIOS·IF USDT HIT USDS MCAP·TARGET $0.0537
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 USDT$99.93$5.37$94.56
Coffee money1K USDT$999.33$53.72$945.61
Small bag10K USDT$9,993.25$537.16$9,456.09
Real bag100K USDT$99,932.50$5,371.64$94,560.86
Whale bag1M USDT$999,325.00$53,716.35$945,608.65
Generational10M USDT$9,993,250.00$537,163.51$9,456,086.49
$9.85B compared to the world
NikeNKE
$130.00B
USDS mcap is 7.6% of Nike
StarbucksSBUX
$100.00B
USDS mcap is 9.8% of Starbucks
SpotifySPOT
$90.00B
USDS mcap is 10.9% of Spotify
RobloxRBLX
$30.00B
USDS mcap is 32.8% of Roblox
RedditRDDT
$25.00B
USDS mcap is 39.4% of Reddit
SnapchatSNAP
$20.00B
USDS mcap is 49.2% of Snapchat

About this comparison

This page compares the market capitalizations of Tether (USDT) and USDS (USDS). With Tether currently at $0.9993 per coin and a market cap of $183.16B, and USDS at $0.9998 with a market cap of $9.85B, applying USDS's market cap to Tether's circulating supply produces a hypothetical USDT price of $0.0537 — a 0.05x move from current.

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

USDS: USDS is the stablecoin of the decentralized Sky ecosystem, designed to maintain a soft peg (a value intended to stay close) to 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 Tether had USDS's market cap, what would the price be?

If Tether (USDT) had USDS's (USDS) current market cap of $9.85B, each USDT would be worth approximately $0.0537 based on the circulating supply of 183,285,704,316 USDT. That is 0.05x the current USDT price of $0.9993.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $183.16B, ranking #3 by market capitalization. Each USDT trades at $0.9993.

What is the current market cap of USDS?

USDS (USDS) currently has a market cap of $9.85B, ranking #12 by market capitalization. Each USDS trades at $0.9998.

How does USDT compare to USDS?

Tether's market cap of $183.16B sits far below USDS's $9.85B. For USDT to reach USDS's current valuation, the price would need to move 0.05x 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.