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%
G.MARKETS/PAIR ANALYSIS·VanEck Treasury Fund logoVBILLTether logoUSDT· LIVE· as of 23:51 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

VBILL WOULD BE
$0.00000000
currently $1.00 · target mcap $184.21B
MULTIPLIER
0.00x

VBILL needs a 3.2Kx move to match USDT's valuation

COIN PROFILES·VBILL vs USDT
VanEck Treasury Fund logo
VanEck Treasury Fund
SOURCE

This Fund seeks to offer a stable value of $1 per token and pays daily accrued dividends directly to investors' wallets as new tokens each day.

PRICE$1.00
24H CHANGE 0.00%
MARKET CAP$56.68MFDV $56.68M · Fully circulating
RANK#409
SUPPLY56.7M VBILL
DOMINANCE<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$0.9993
24H CHANGE 0.03%
MARKET CAP$184.21BFDV $189.68B · 3% supply locked
RANK#3
SUPPLY184.3B USDT
DOMINANCE6.14%
7d 0.11%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
3.2Kx bigger
VBILL$56.68M
USDT$184.21B
THE CLIMBVanEck Treasury Fund logoVBILLTether logoUSDTMULTIPLIER 3.2KxGAP$184.16B
$100.00M$1.00B$10.00B$100.00B
VanEck Treasury Fund logo
SOURCEVBILL$56.68M
Tether logo
TARGETUSDT$184.21B
Tradable NA Third Party Online Merchant SSTN logo
PC0000015$110.23M
Genius logo
GENIUS$126.45M
Theta Network logo
THETA$144.50M
Spiko US T-Bills Money Market Fund logo
USTBL$170.80M
Tradable NA Rent Financing Platform SSTN logo
PC0000031$202.50M
Unibase logo
UB$253.40M
Grass logo
GRASS$347.88M
TrueUSD logo
TUSD$493.51M
ADI logo
ADI$735.93M
Ethereum Classic logo
ETC$1.11B
World Liberty Financial logo
WLFI$1.86B
LAB logo
LAB$4.80B
log scale · mcap in USDJul 6, 2026
VanEck Treasury Fund logo
VBILLVanEck Treasury Fund
$56.68MSOURCE
Tradable NA Third Party Online Merchant SSTN logo
PC0000015
$110.23M
Genius logo
GENIUS
$126.45M
Theta Network logo
THETA
$144.50M
Spiko US T-Bills Money Market Fund logo
USTBL
$170.80M
Tradable NA Rent Financing Platform SSTN logo
PC0000031
$202.50M
Unibase logo
UB
$253.40M
Grass logo
GRASS
$347.88M
TrueUSD logo
TUSD
$493.51M
ADI logo
ADI
$735.93M
Ethereum Classic logo
ETC
$1.11B
World Liberty Financial logo
WLFI
$1.86B
LAB logo
LAB
$4.80B
Tether logo
USDTTether
$184.21BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF VBILL HIT USDT MCAP·TARGET $3,249.85
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 VBILL$100.00$324,985.35+$324,885.35
Coffee money1K VBILL$1,000.00$3,249,853.48+$3,248,853.48
Small bag10K VBILL$10,000.00$32,498,534.81+$32,488,534.81
Real bag100K VBILL$100,000.00$324,985,348.15+$324,885,348.15
Whale bag1M VBILL$1,000,000.00$3,249,853,481.48+$3,248,853,481.48
Generational10M VBILL$10,000,000.00$32,498,534,814.81+$32,488,534,814.81
$184.21B 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 VanEck Treasury Fund (VBILL) and Tether (USDT). With VanEck Treasury Fund currently at $1.00 per coin and a market cap of $56.68M, and Tether at $0.9993 with a market cap of $184.21B, applying Tether's market cap to VanEck Treasury Fund's circulating supply produces a hypothetical VBILL price of $3,249.85 — a 3.2Kx move from current.

VanEck Treasury Fund: This Fund seeks to offer a stable value of $1 per token and pays daily accrued dividends directly to investors' wallets as new tokens each day.

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 VanEck Treasury Fund had Tether's market cap, what would the price be?

If VanEck Treasury Fund (VBILL) had Tether's (USDT) current market cap of $184.21B, each VBILL would be worth approximately $3,249.85 based on the circulating supply of 56,683,302 VBILL. That is 3.2Kx the current VBILL price of $1.00.

What is the current market cap of VanEck Treasury Fund?

VanEck Treasury Fund (VBILL) currently has a market cap of $56.68M, ranking #409 by market capitalization. Each VBILL trades at $1.00.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.21B, ranking #3 by market capitalization. Each USDT trades at $0.9993.

How does VBILL compare to USDT?

VanEck Treasury Fund's market cap of $56.68M sits orders of magnitude beyond Tether's $184.21B. For VBILL to reach USDT's current valuation, the price would need to move 3.2Kx 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 VanEck Treasury Fund'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.