G.MARKETS
BTC$64,024.00+0.74%
LIVE
BTC$64,024.00▲ 0.74%ETH$1,798.57▲ 0.79%USDT$0.9993▲ 0.03%BNB$585.81▼ 0.54%USDC$0.9999▲ 0.01%XRP$1.15▼ 1.03%SOL$81.95▲ 0.45%TRX$0.3293▲ 0.16%FIGR_HELOC$1.04▼ 0.52%HYPE$70.69▼ 0.57%DOGE$0.0766▼ 1.81%USDS$0.9998▲ 0.01%RAIN$0.0151▼ 0.20%LEO$9.40▲ 1.48%ZEC$455.42▼ 1.62%ADA$0.1843▼ 2.82%XLM$0.1998▼ 1.41%WBT$57.46▲ 0.20%XMR$323.28▼ 1.47%LINK$8.02▼ 0.63%CC$0.1383▼ 2.19%GRAM$1.79▲ 0.49%BCH$241.63▼ 0.92%LAB$15.37▼ 7.96%DAI$0.9998▲ 0.01%USD1$0.9991▲ 0.02%USDE$0.9988▲ 0.03%LTC$44.83▼ 2.11%HBAR$0.0734▼ 3.59%USDG$1.0000▲ 0.00%BTC$64,024.00▲ 0.74%ETH$1,798.57▲ 0.79%USDT$0.9993▲ 0.03%BNB$585.81▼ 0.54%USDC$0.9999▲ 0.01%XRP$1.15▼ 1.03%SOL$81.95▲ 0.45%TRX$0.3293▲ 0.16%FIGR_HELOC$1.04▼ 0.52%HYPE$70.69▼ 0.57%DOGE$0.0766▼ 1.81%USDS$0.9998▲ 0.01%RAIN$0.0151▼ 0.20%LEO$9.40▲ 1.48%ZEC$455.42▼ 1.62%ADA$0.1843▼ 2.82%XLM$0.1998▼ 1.41%WBT$57.46▲ 0.20%XMR$323.28▼ 1.47%LINK$8.02▼ 0.63%CC$0.1383▼ 2.19%GRAM$1.79▲ 0.49%BCH$241.63▼ 0.92%LAB$15.37▼ 7.96%DAI$0.9998▲ 0.01%USD1$0.9991▲ 0.02%USDE$0.9988▲ 0.03%LTC$44.83▼ 2.11%HBAR$0.0734▼ 3.59%USDG$1.0000▲ 0.00%
ACTIVEUSDSUSDS→EthereumETH
USDS WOULD BE$19.72
MULTIPLIER▲ 19.7x
TARGET MCAP$217.02B
G.MARKETS/PAIR ANALYSIS·USDS logoUSDS→Ethereum logoETH· LIVE· as of 23:49 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap →

USDS WOULD BE
$0.00000000
currently $0.9998 · target mcap $217.02B
MULTIPLIER
▲0.00x

USDS needs a 19.7x move to match ETH's valuation

REALITY CHECKAt USDS's current 24h rate of +0.01%, compounding daily would take ~161 years to reach ETH's market cap.
COIN PROFILES·USDS vs ETH
USDS logo
USDSUnverified
USDS
SOURCE

USDS is the stablecoin of the decentralized Sky ecosystem, designed to maintain a soft peg (a value intended to stay close) to the U.S.

PRICE$0.9998
24H CHANGE▲ 0.01%
MARKET CAP$11.00BFDV $11.01B · Fully circulating
RANK#12
SUPPLY11.0B USDS
DOMINANCE0.37%
7d▲ 0.02%
VS
Ethereum logo
ETHVerified by G.MARKETS
Ethereum
TARGET

Ethereum is a global, open-source platform for decentralized applications.

PRICE$1,798.57
24H CHANGE▲ 0.79%
MARKET CAP$217.02BFDV $217.02B · Fully circulating
RANK#2
SUPPLY120.7M ETH
DOMINANCE7.23%
7d▲ 2.54%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
19.7x bigger
USDS$11.00B
ETH$217.02B
THE CLIMBUSDS logoUSDS→Ethereum logoETHMULTIPLIER▲ 19.7xGAP$206.01B
$100.00B
USDS logo
SOURCEUSDS$11.00B
Ethereum logo
TARGETETH$217.02B
Dogecoin logo
DOGE$11.87B
Hyperliquid logo
HYPE$15.73B
Figure Heloc logo
FIGR_HELOC$20.20B
TRON logo
TRX$31.24B
Solana logo
SOL$47.63B
XRP logo
XRP$71.27B
USDC logo
USDC$73.14B
BNB logo
BNB$78.96B
Tether logo
USDT$184.21B
log scale · mcap in USDJul 6, 2026
USDS logo
USDSUSDS
$11.00BSOURCE
Dogecoin logo
DOGE
$11.87B
Hyperliquid logo
HYPE
$15.73B
Figure Heloc logo
FIGR_HELOC
$20.20B
TRON logo
TRX
$31.24B
Solana logo
SOL
$47.63B
XRP logo
XRP
$71.27B
USDC logo
USDC
$73.14B
BNB logo
BNB
$78.96B
Tether logo
USDT
$184.21B
Ethereum logo
ETHEthereum
$217.02BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF USDS HIT ETH MCAP·TARGET $19.72
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 USDS$99.98$1,971.77+$1,871.79
Coffee money1K USDS$999.79$19,717.66+$18,717.87
Small bag10K USDS$9,997.87$197,176.59+$187,178.72
Real bag100K USDS$99,978.70$1,971,765.88+$1,871,787.18
Whale bag1M USDS$999,787.00$19,717,658.77+$18,717,871.77
Generational10M USDS$9,997,870.00$197,176,587.71+$187,178,717.71

FOR CONTEXT

$217.02B compared to the world
UnitedHealthUNH
$450.00B
ETH mcap is 48.2% of UnitedHealth
NetflixNFLX
$380.00B
ETH mcap is 57.1% of Netflix
UberUBER
$160.00B
ETH mcap is 1.36× Uber
NikeNKE
$130.00B
ETH mcap is 1.67× Nike
StarbucksSBUX
$100.00B
ETH mcap is 2.17× Starbucks
SpotifySPOT
$90.00B
ETH mcap is 2.41× Spotify
RELATED COMPARISONS·OTHER WAYS TO ASK
USDS logoUSDS→Bitcoin logoBTCVerified by G.MARKETS
$116.64▲ 117x
USDS logoUSDS→Tether logoUSDTVerified by G.MARKETS
$16.74▲ 16.7x
USDS logoUSDS→BNB logoBNBVerified by G.MARKETS
$7.17▲ 7.18x
USDS logoUSDS→USDC logoUSDCVerified by G.MARKETS
$6.65▲ 6.65x
USDS logoUSDS→XRP logoXRPVerified by G.MARKETS
$6.48▲ 6.48x
USDS logoUSDS→Solana logoSOLVerified by G.MARKETS
$4.33▲ 4.33x

About this comparison

This page compares the market capitalizations of USDS (USDS) and Ethereum (ETH). With USDS currently at $0.9998 per coin and a market cap of $11.00B, and Ethereum at $1,798.57 with a market cap of $217.02B, applying Ethereum's market cap to USDS's circulating supply produces a hypothetical USDS price of $19.72 — a 19.7x move from current.

USDS: USDS is the stablecoin of the decentralized Sky ecosystem, designed to maintain a soft peg (a value intended to stay close) to the U.S.

Ethereum: Ethereum is a global, open-source platform for decentralized applications.

All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.

Frequently asked

If USDS had Ethereum's market cap, what would the price be?

If USDS (USDS) had Ethereum's (ETH) current market cap of $217.02B, each USDS would be worth approximately $19.72 based on the circulating supply of 11,006,137,874 USDS. That is 19.7x the current USDS price of $0.9998.

What is the current market cap of USDS?

USDS (USDS) currently has a market cap of $11.00B, ranking #12 by market capitalization. Each USDS trades at $0.9998.

What is the current market cap of Ethereum?

Ethereum (ETH) currently has a market cap of $217.02B, ranking #2 by market capitalization. Each ETH trades at $1,798.57.

How does USDS compare to ETH?

USDS's market cap of $11.00B sits well above Ethereum's $217.02B. For USDS to reach ETH's current valuation, the price would need to move 19.7x 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 USDS'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.