If had 's mcap →
USDC is a fully collateralized US dollar stablecoin.
FOR CONTEXT
$2.68B compared to the worldAbout this comparison
This page compares the market capitalizations of USDC (USDC) and Ethena (ENA). With USDC currently at $0.9999 per coin and a market cap of $75.35B, and Ethena at $0.2658 with a market cap of $2.68B, applying Ethena's market cap to USDC's circulating supply produces a hypothetical USDC price of $0.0356 — a 0.04x move from current.
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 USDC had Ethena's market cap, what would the price be?
If USDC (USDC) had Ethena's (ENA) current market cap of $2.68B, each USDC would be worth approximately $0.0356 based on the circulating supply of 75,356,467,391 USDC. That is 0.04x the current USDC price of $0.9999.
What is the current market cap of USDC?
USDC (USDC) currently has a market cap of $75.35B, ranking #6 by market capitalization. Each USDC trades at $0.9999.
What is the current market cap of Ethena?
Ethena (ENA) currently has a market cap of $2.68B, ranking #40 by market capitalization. Each ENA trades at $0.2658.
How does USDC compare to ENA?
USDC's market cap of $75.35B sits far below Ethena's $2.68B. For USDC to reach ENA's current valuation, the price would need to move 0.04x 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 USDC'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.