Ethereum vs Tether — ETH/USDT Comparison
Side-by-side market data for Ethereum and Tether, updated continuously.
Ethereum (ETH) has a larger market capitalization than Tether (USDT) — about 1.2× bigger. Ethereum is ranked #2 and Tether is ranked #3 by market cap.
| Metric | Ethereum (ETH) | Tether (USDT) |
|---|---|---|
| Price | $1,744.51 | $0.9995 |
| Market Cap | $213.06B | $175.31B |
| Rank | #2 | #3 |
| 24h Change | -9.06% | +0.04% |
| 7d Change | -21.90% | +0.03% |
| 24h Volume | $16.71B | $63.55B |
| All-Time High | $4,946.05 | $1.32 |
| Circulating Supply | 122,218,624 ETH | 175,398,004,600 USDT |
Performance: ETH vs USDT
| Period | ETH | USDT |
|---|---|---|
| 1 hour | -1.39% | +0.01% |
| 24 hours | -9.06% | +0.04% |
| 7 days | -21.90% | +0.03% |
| 30 days | -21.11% | +0.01% |
| 1 year | -40.81% | -0.05% |
ETH vs USDT: The Analysis
- Ethereum is the larger asset (1.2× Tether’s cap)
- Over 1 year, USDT has outperformed (down 0.05% vs down 40.81%)
- USDT sits closer to its all-time high (-24% vs -65%)
Ethereum (ETH) and Tether (USDT) sit at very different scales: Ethereum is ranked #2 with a $213.06B market cap, about 1.2× the $175.31B of Tether (#3). A larger cap generally means deeper liquidity and lower volatility, not a better investment.
Over the past year, ETH is down 40.81% and USDT is down 0.05% — USDT has clearly led.
ETH trades 65% below its all-time high of $4,946.05, while USDT is 24% below its $1.32 peak — one gauge of how much each has recovered.
By use case, Ethereum is associated with Smart Contract Platform, Layer 1 (L1), and Tether with Stablecoins, USD Stablecoin — so they are not necessarily direct substitutes.
ETH to USDT Conversion
| Amount | Equivalent |
|---|---|
| 1 ETH | 1745.3565 USDT |
| 1 USDT | 0.00057295 ETH |
| 10 ETH | 17,453.565 USDT |
Based on live prices: ETH $1,744.51, USDT $0.9995. A market exchange may differ.
Volatility & Drawdown
| Metric | ETH | USDT |
|---|---|---|
| 30-day volatility (annualised) | — | — |
| All-time high | $4,946.05 | $1.32 |
| From all-time high | -64.73% | -24.28% |
Volatility is the standard deviation of daily returns over the last 30 days, annualised. Higher means larger price swings. Not a measure of quality or risk-adjusted return.
Price Charts
What is the difference between Ethereum and Tether?
Ethereum (ETH) has a larger market capitalization than Tether (USDT) — about 1.2× bigger. Ethereum is ranked #2 and Tether is ranked #3 by market cap. Ethereum trades at $1,744.51 and Tether at $0.9995. Ethereum is categorised under Smart Contract Platform, Layer 1 (L1).
Which is bigger, Ethereum or Tether?
Ethereum is larger, with a market cap of $213.06B versus Tether's $175.31B — roughly 1.2× bigger.
Which has performed better recently?
Over the last 7 days, ETH is down 21.90% and USDT is up 0.03%. Over a full year, ETH is down 40.81% versus down 0.05% for USDT. Past performance does not predict future results — this is not financial advice.
How many USDT is 1 ETH worth?
At current prices, 1 Ethereum is worth about 1745.3565 USDT, and 1 Tether is worth 0.00057295 ETH (ETH $1,744.51, USDT $0.9995).
Could Tether overtake Ethereum's market cap?
For Tether to reach Ethereum's current $213.06B market cap, its price would need to rise about 1.2× to roughly $1.21 per USDT (at today's supply), with Ethereum staying flat. That is a hypothetical, not a prediction.
Is Ethereum a better investment than Tether?
We don't give investment advice and can't say which is "better" for you — it depends on your own research, goals and risk tolerance. The data above compares their size, performance, volatility and use case so you can judge for yourself. Crypto is high-risk; see our disclaimer.
Ethereum data · Tether data · Information only — not financial advice. A larger market cap does not mean a better investment.