LIVE
BTC$62,964.00 0.32%ETH$1,770.50 0.33%USDT$0.9989 0.01%BNB$581.73 1.75%USDC$0.9997 0.00%XRP$1.14 0.10%SOL$80.30 0.15%TRX$0.3290 1.37%FIGR_HELOC$1.01 0.00%HYPE$70.83 3.35%DOGE$0.0766 1.01%USDS$0.9998 0.00%RAIN$0.0151 1.81%LEO$9.36 2.13%ZEC$455.56 0.12%ADA$0.1839 2.65%XLM$0.1997 0.11%WBT$56.81 0.37%XMR$319.53 3.86%LINK$7.92 0.66%CC$0.1428 2.51%LAB$17.29 3.93%BCH$239.61 1.06%GRAM$1.75 0.96%DAI$0.9998 0.01%USD1$0.9988 0.01%USDE$0.9983 0.02%LTC$44.86 1.48%HBAR$0.0744 0.08%USYC$1.13 0.00%BTC$62,964.00 0.32%ETH$1,770.50 0.33%USDT$0.9989 0.01%BNB$581.73 1.75%USDC$0.9997 0.00%XRP$1.14 0.10%SOL$80.30 0.15%TRX$0.3290 1.37%FIGR_HELOC$1.01 0.00%HYPE$70.83 3.35%DOGE$0.0766 1.01%USDS$0.9998 0.00%RAIN$0.0151 1.81%LEO$9.36 2.13%ZEC$455.56 0.12%ADA$0.1839 2.65%XLM$0.1997 0.11%WBT$56.81 0.37%XMR$319.53 3.86%LINK$7.92 0.66%CC$0.1428 2.51%LAB$17.29 3.93%BCH$239.61 1.06%GRAM$1.75 0.96%DAI$0.9998 0.01%USD1$0.9988 0.01%USDE$0.9983 0.02%LTC$44.86 1.48%HBAR$0.0744 0.08%USYC$1.13 0.00%
G.MARKETS/PAIR ANALYSIS·USDC logoUSDCTether logoUSDT· LIVE· as of 06:29 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

USDC WOULD BE
$0.00000000
currently $0.9997 · target mcap $184.14B
MULTIPLIER
0.00x

USDC needs a 2.53x move to match USDT's valuation

COIN PROFILES·USDC vs USDT
USDC logo
USDCVerified by G.MARKETS
USDC
SOURCE

USDC is a fully collateralized US dollar stablecoin.

PRICE$0.9997
24H CHANGE 0.00%
MARKET CAP$72.84BFDV $72.84B · Fully circulating
RANK#5
SUPPLY72.9B USDC
DOMINANCE2.43%
7d 0.01%
VS
Tether logo
USDTVerified by G.MARKETS
Tether
TARGET

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

PRICE$0.9989
24H CHANGE 0.01%
MARKET CAP$184.14BFDV $189.60B · 3% supply locked
RANK#3
SUPPLY184.3B USDT
DOMINANCE6.14%
7d 0.04%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
2.53x bigger
USDC$72.84B
USDT$184.14B
THE CLIMBUSDC logoUSDCTether logoUSDTMULTIPLIER 2.53xGAP$111.30B
$100.00B
USDC logo
SOURCEUSDC$72.84B
Tether logo
TARGETUSDT$184.14B
BNB logo
BNB$78.39B
log scale · mcap in USDJul 6, 2026
USDC logo
USDCUSDC
$72.84BSOURCE
BNB logo
BNB
$78.39B
Tether logo
USDTTether
$184.14BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF USDC HIT USDT MCAP·TARGET $2.53
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 USDC$99.97$252.74+$152.77
Coffee money1K USDC$999.75$2,527.43+$1,527.68
Small bag10K USDC$9,997.47$25,274.29+$15,276.82
Real bag100K USDC$99,974.70$252,742.91+$152,768.21
Whale bag1M USDC$999,747.00$2,527,429.11+$1,527,682.11
Generational10M USDC$9,997,470.00$25,274,291.07+$15,276,821.07
$184.14B compared to the world
UnitedHealthUNH
$450.00B
USDT mcap is 40.9% of UnitedHealth
NetflixNFLX
$380.00B
USDT mcap is 48.5% of Netflix
UberUBER
$160.00B
USDT mcap is 1.15× Uber
NikeNKE
$130.00B
USDT mcap is 1.42× Nike
StarbucksSBUX
$100.00B
USDT mcap is 1.84× Starbucks
SpotifySPOT
$90.00B
USDT mcap is 2.05× Spotify

About this comparison

This page compares the market capitalizations of USDC (USDC) and Tether (USDT). With USDC currently at $0.9997 per coin and a market cap of $72.84B, and Tether at $0.9989 with a market cap of $184.14B, applying Tether's market cap to USDC's circulating supply produces a hypothetical USDC price of $2.53 — a 2.53x move from current.

USDC: USDC is a fully collateralized US dollar stablecoin.

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 USDC had Tether's market cap, what would the price be?

If USDC (USDC) had Tether's (USDT) current market cap of $184.14B, each USDC would be worth approximately $2.53 based on the circulating supply of 72,855,775,576 USDC. That is 2.53x the current USDC price of $0.9997.

What is the current market cap of USDC?

USDC (USDC) currently has a market cap of $72.84B, ranking #5 by market capitalization. Each USDC trades at $0.9997.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.14B, ranking #3 by market capitalization. Each USDT trades at $0.9989.

How does USDC compare to USDT?

USDC's market cap of $72.84B sits above Tether's $184.14B. For USDC to reach USDT's current valuation, the price would need to move 2.53x 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.