LIVE
BTC$67,507.00 5.15%ETH$1,903.81 4.76%USDT$0.9986 0.01%BNB$661.26 4.48%USDC$0.9997 0.00%XRP$1.22 5.65%SOL$75.42 6.85%TRX$0.3346 2.53%FIGR_HELOC$1.03 0.89%HYPE$69.77 3.72%DOGE$0.0942 6.22%USDS$0.9996 0.01%ZEC$604.58 9.08%LEO$10.04 0.24%RAIN$0.0140 3.21%LAB$27.30 86.12%ADA$0.2161 6.21%XLM$0.2219 10.75%XMR$331.62 5.54%LINK$8.53 5.52%WBT$49.50 5.71%CC$0.1506 1.78%BCH$282.73 3.52%TON$1.99 7.07%USD1$0.9984 0.00%USDE$0.9987 0.00%DAI$0.9997 0.01%M$3.31 1.16%HBAR$0.0877 5.50%LTC$48.27 5.14%BTC$67,507.00 5.15%ETH$1,903.81 4.76%USDT$0.9986 0.01%BNB$661.26 4.48%USDC$0.9997 0.00%XRP$1.22 5.65%SOL$75.42 6.85%TRX$0.3346 2.53%FIGR_HELOC$1.03 0.89%HYPE$69.77 3.72%DOGE$0.0942 6.22%USDS$0.9996 0.01%ZEC$604.58 9.08%LEO$10.04 0.24%RAIN$0.0140 3.21%LAB$27.30 86.12%ADA$0.2161 6.21%XLM$0.2219 10.75%XMR$331.62 5.54%LINK$8.53 5.52%WBT$49.50 5.71%CC$0.1506 1.78%BCH$282.73 3.52%TON$1.99 7.07%USD1$0.9984 0.00%USDE$0.9987 0.00%DAI$0.9997 0.01%M$3.31 1.16%HBAR$0.0877 5.50%LTC$48.27 5.14%
G.MARKETS/PAIR ANALYSIS·USDM logoUSDMTether logoUSDT· LIVE· as of 21:06 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap →

USDM WOULD BE
$12,829.19
currently $0.9999 · target mcap $187.96B
MULTIPLIER
12.8Kx

USDM needs a 12.8Kx move to match USDT's valuation

REALITY CHECKAt USDM's current 24h rate of +0.06%, compounding daily would take ~45 years to reach USDT's market cap.
COIN PROFILES·USDM vs USDT
USDM logo
USDM
SOURCE

Cardano Native Fiat Backed Stablecoin, 1:1 USD Reserve, with Proof of Reserves reported on-chain.

PRICE$0.9999
24H CHANGE 0.06%
MARKET CAP$14.65MFDV $14.65M · Fully circulating
RANK#998
SUPPLY14.7M USDM
DOMINANCE<0.01%
VS
Tether logo
Tether
TARGET

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

PRICE$0.9986
24H CHANGE 0.01%
MARKET CAP$187.96BFDV $193.42B · 3% supply locked
RANK#3
SUPPLY188.2B USDT
DOMINANCE6.27%
7d 0.05%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
12.8Kx bigger
USDM$14.65M
USDT$187.96B
THE CLIMBUSDM logoUSDMTether logoUSDTMULTIPLIER 12.8KxGAP$187.94B
$100.00M$1.00B$10.00B$100.00B
USDM logo
SOURCEUSDM$14.65M
Tether logo
TARGETUSDT$187.96B
Nexpace logo
NXPC$122.20M
THORChain logo
RUNE$139.02M
Basic Attention logo
BAT$154.19M
HOME logo
HOME$184.25M
apyUSD logo
APYUSD$234.85M
Kinesis Silver logo
KAG$284.04M
Chiliz logo
CHZ$358.03M
Dash logo
DASH$495.92M
Gate logo
GT$723.28M
Aave logo
AAVE$1.14B
Mantle logo
MNT$2.03B
Toncoin logo
TON$5.33B
log scale · mcap in USDJun 2, 2026
USDM logo
USDMUSDM
$14.65MSOURCE
Nexpace logo
NXPC
$122.20M
THORChain logo
RUNE
$139.02M
Basic Attention logo
BAT
$154.19M
HOME logo
HOME
$184.25M
apyUSD logo
APYUSD
$234.85M
Kinesis Silver logo
KAG
$284.04M
Chiliz logo
CHZ
$358.03M
Dash logo
DASH
$495.92M
Gate logo
GT
$723.28M
Aave logo
AAVE
$1.14B
Mantle logo
MNT
$2.03B
Toncoin logo
TON
$5.33B
Tether logo
USDTTether
$187.96BTARGET
mcap in USDJun 2, 2026
BAG SCENARIOS·IF USDM HIT USDT MCAP·TARGET $12,829.19
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 USDM$99.99$1,282,918.71+$1,282,818.71
Coffee money1K USDM$999.94$12,829,187.07+$12,828,187.13
Small bag10K USDM$9,999.44$128,291,870.70+$128,281,871.26
Real bag100K USDM$99,994.40$1,282,918,707.01+$1,282,818,712.61
Whale bag1M USDM$999,944.00$12,829,187,070.08+$12,828,187,126.08
Generational10M USDM$9,999,440.00$128,291,870,700.81+$128,281,871,260.81
$187.96B compared to the world
UnitedHealthUNH
$450.00B
USDT mcap is 41.8% of UnitedHealth
NetflixNFLX
$380.00B
USDT mcap is 49.5% of Netflix
UberUBER
$160.00B
USDT mcap is 1.17× Uber
NikeNKE
$130.00B
USDT mcap is 1.45× Nike
StarbucksSBUX
$100.00B
USDT mcap is 1.88× Starbucks
SpotifySPOT
$90.00B
USDT mcap is 2.09× Spotify

About this comparison

This page compares the market capitalizations of USDM (USDM) and Tether (USDT). With USDM currently at $0.9999 per coin and a market cap of $14.65M, and Tether at $0.9986 with a market cap of $187.96B, applying Tether's market cap to USDM's circulating supply produces a hypothetical USDM price of $12,829.19 — a 12.8Kx move from current.

USDM: Cardano Native Fiat Backed Stablecoin, 1:1 USD Reserve, with Proof of Reserves reported on-chain.

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

If USDM (USDM) had Tether's (USDT) current market cap of $187.96B, each USDM would be worth approximately $12,829.19 based on the circulating supply of 14,650,889 USDM. That is 12.8Kx the current USDM price of $0.9999.

What is the current market cap of USDM?

USDM (USDM) currently has a market cap of $14.65M, ranking #998 by market capitalization. Each USDM trades at $0.9999.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $187.96B, ranking #3 by market capitalization. Each USDT trades at $0.9986.

How does USDM compare to USDT?

USDM's market cap of $14.65M sits orders of magnitude beyond Tether's $187.96B. For USDM to reach USDT's current valuation, the price would need to move 12.8Kx 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 USDM'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.