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Theo is an institutional-grade tokenization platform that connects onchain capital to global financial markets.
Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.
FOR CONTEXT
$180.24B compared to the worldAbout this comparison
This page compares the market capitalizations of Theo Short Duration US Treasury Fund (THBILL) and Tether (USDT). With Theo Short Duration US Treasury Fund currently at $1.01 per coin and a market cap of $117.32M, and Tether at $0.9985 with a market cap of $180.24B, applying Tether's market cap to Theo Short Duration US Treasury Fund's circulating supply produces a hypothetical THBILL price of $1,555.86 — a 1.5Kx move from current.
Theo Short Duration US Treasury Fund: Theo is an institutional-grade tokenization platform that connects onchain capital to global financial markets.
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 Theo Short Duration US Treasury Fund had Tether's market cap, what would the price be?
If Theo Short Duration US Treasury Fund (THBILL) had Tether's (USDT) current market cap of $180.24B, each THBILL would be worth approximately $1,555.86 based on the circulating supply of 115,843,690 THBILL. That is 1.5Kx the current THBILL price of $1.01.
What is the current market cap of Theo Short Duration US Treasury Fund?
Theo Short Duration US Treasury Fund (THBILL) currently has a market cap of $117.32M, ranking #238 by market capitalization. Each THBILL trades at $1.01.
What is the current market cap of Tether?
Tether (USDT) currently has a market cap of $180.24B, ranking #3 by market capitalization. Each USDT trades at $0.9985.
How does THBILL compare to USDT?
Theo Short Duration US Treasury Fund's market cap of $117.32M sits orders of magnitude beyond Tether's $180.24B. For THBILL to reach USDT's current valuation, the price would need to move 1.5Kx 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 Theo Short Duration US Treasury Fund'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.