If ... had ...'s mcap →
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 $76.96B, and Tether at $0.9990 with a market cap of $189.66B, applying Tether's market cap to USDC's circulating supply produces a hypothetical USDC price of $2.46 — a 2.46x 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 $189.66B, each USDC would be worth approximately $2.46 based on the circulating supply of 76,986,388,099 USDC. That is 2.46x the current USDC price of $0.9997.
What is the current market cap of USDC?
USDC (USDC) currently has a market cap of $76.96B, ranking #6 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 $189.66B, ranking #3 by market capitalization. Each USDT trades at $0.9990.
How does USDC compare to USDT?
USDC's market cap of $76.96B sits above Tether's $189.66B. For USDC to reach USDT's current valuation, the price would need to move 2.46x 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.