LIVE
BTC$76,567.00 1.42%ETH$2,109.36 1.34%USDT$0.9988 0.02%BNB$655.26 0.25%XRP$1.35 2.44%USDC$0.9998 0.01%SOL$85.82 1.95%TRX$0.3623 0.48%FIGR_HELOC$1.03 0.47%DOGE$0.1047 1.13%HYPE$56.80 3.66%USDS$0.9996 0.01%ZEC$616.35 8.45%ADA$0.2472 2.18%LEO$9.87 0.26%BCH$377.13 0.99%XMR$382.00 5.05%LINK$9.67 1.30%WBT$56.58 1.24%CC$0.1564 2.69%TON$1.94 5.16%XLM$0.1459 1.60%USD1$0.9996 0.03%USDE$0.9990 0.00%DAI$0.9995 0.01%SUI$1.08 6.59%LTC$53.78 1.01%AVAX$9.33 1.66%HBAR$0.0890 1.54%M$2.74 0.71%BTC$76,567.00 1.42%ETH$2,109.36 1.34%USDT$0.9988 0.02%BNB$655.26 0.25%XRP$1.35 2.44%USDC$0.9998 0.01%SOL$85.82 1.95%TRX$0.3623 0.48%FIGR_HELOC$1.03 0.47%DOGE$0.1047 1.13%HYPE$56.80 3.66%USDS$0.9996 0.01%ZEC$616.35 8.45%ADA$0.2472 2.18%LEO$9.87 0.26%BCH$377.13 0.99%XMR$382.00 5.05%LINK$9.67 1.30%WBT$56.58 1.24%CC$0.1564 2.69%TON$1.94 5.16%XLM$0.1459 1.60%USD1$0.9996 0.03%USDE$0.9990 0.00%DAI$0.9995 0.01%SUI$1.08 6.59%LTC$53.78 1.01%AVAX$9.33 1.66%HBAR$0.0890 1.54%M$2.74 0.71%
← G.MARKETS/COMPARE/Toncoin logoTONTether logoUSDT
MCAP COMPARISON · LIVE

If had 's mcap →

TON WOULD BE
$70.42
currently $1.94 · target mcap $189.65B
MULTIPLIER
36.3x

TON needs a 36.3x move to match USDT's valuation

TON vs USDT
Toncoin logo
Toncoin
SOURCE

TON (The Open Network) is a general-purpose blockchain that allows developers to build decentralized apps and tokens.

PRICE$1.94
24H CHANGE 5.16%
MARKET CAP$5.25B
RANK#21
SUPPLY2.7B TON
DOMINANCE0.18%
7d 16.51%
VS
Tether logo
Tether
TARGET

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

PRICE$0.9988
24H CHANGE 0.02%
MARKET CAP$189.65B
RANK#3
SUPPLY189.9B USDT
DOMINANCE6.32%
7d 0.06%
normalized % change
size in proportion · area = mcap
MARKET CAParea = proportional cap
36.1x bigger
TON$5.25B
USDT$189.65B
THE CLIMBToncoin logoTONTether logoUSDTMULTIPLIER 36.1xGAP$184.40B
$10.00B$100.00B
Toncoin logo
SOURCETON$5.25B
Tether logo
TARGETUSDT$189.65B
Canton logo
CC$6.04B
WhiteBIT Coin logo
WBT$6.70B
Monero logo
XMR$7.07B
Bitcoin Cash logo
BCH$7.57B
Cardano logo
ADA$9.16B
Zcash logo
ZEC$10.28B
Hyperliquid logo
HYPE$13.71B
Dogecoin logo
DOGE$16.21B
Figure Heloc logo
FIGR_HELOC$18.56B
Solana logo
SOL$49.80B
USDC logo
USDC$76.59B
BNB logo
BNB$88.42B
log scale · mcap in USDMay 22, 2026
Toncoin logo
TONToncoin
$5.25BSOURCE
Canton logo
CC
$6.04B
WhiteBIT Coin logo
WBT
$6.70B
Monero logo
XMR
$7.07B
Bitcoin Cash logo
BCH
$7.57B
Cardano logo
ADA
$9.16B
Zcash logo
ZEC
$10.28B
Hyperliquid logo
HYPE
$13.71B
Dogecoin logo
DOGE
$16.21B
Figure Heloc logo
FIGR_HELOC
$18.56B
Solana logo
SOL
$49.80B
USDC logo
USDC
$76.59B
BNB logo
BNB
$88.42B
Tether logo
USDTTether
$189.65BTARGET
mcap in USDMay 22, 2026
If TON hit USDT mcap
target: $70.42 / TON
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 TON$194.00$7,041.52+$6,847.52
Coffee money1K TON$1,940.00$70,415.21+$68,475.21
Small bag10K TON$19,400.00$704,152.07+$684,752.07
Real bag100K TON$194,000.00$7,041,520.73+$6,847,520.73
Whale bag1M TON$1,940,000.00$70,415,207.35+$68,475,207.35
Generational10M TON$19,400,000.00$704,152,073.47+$684,752,073.47
$189.65B compared to the world
UnitedHealthUNH
$450.00B
USDT mcap is 42.1% of UnitedHealth
NetflixNFLX
$380.00B
USDT mcap is 49.9% of Netflix
UberUBER
$160.00B
USDT mcap is 1.19× Uber
NikeNKE
$130.00B
USDT mcap is 1.46× Nike
StarbucksSBUX
$100.00B
USDT mcap is 1.90× Starbucks
SpotifySPOT
$90.00B
USDT mcap is 2.11× Spotify

About this comparison

This page compares the market capitalizations of Toncoin (TON) and Tether (USDT). With Toncoin currently at $1.94 per coin and a market cap of $5.25B, and Tether at $0.9988 with a market cap of $189.65B, applying Tether's market cap to Toncoin's circulating supply produces a hypothetical TON price of $70.42 — a 36.3x move from current.

Toncoin: TON (The Open Network) is a general-purpose blockchain that allows developers to build decentralized apps and tokens.

Tether: Tether (USDT) is a cryptocurrency with a value meant to mirror the value of 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 Toncoin had Tether's market cap, what would the price be?

If Toncoin (TON) had Tether's (USDT) current market cap of $189.65B, each TON would be worth approximately $70.42 based on the circulating supply of 2,693,289,050 TON. That is 36.3x the current TON price of $1.94.

What is the current market cap of Toncoin?

Toncoin (TON) currently has a market cap of $5.25B, ranking #21 by market capitalization. Each TON trades at $1.94.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $189.65B, ranking #3 by market capitalization. Each USDT trades at $0.9988.

How does TON compare to USDT?

Toncoin's market cap of $5.25B sits well above Tether's $189.65B. For TON to reach USDT's current valuation, the price would need to move 36.3x 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 Toncoin'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.