Tether vs USDC — USDT/USDC Comparison
Side-by-side market data for Tether and USDC, updated continuously.
Tether (USDT) has a larger market capitalization than USDC (USDC) — about 2.5× bigger. Tether is ranked #3 and USDC is ranked #5 by market cap.
| Metric | Tether (USDT) | USDC (USDC) |
|---|---|---|
| Price | $0.9995 | $0.9997 |
| Market Cap | $175.31B | $69.09B |
| Rank | #3 | #5 |
| 24h Change | +0.04% | +0.02% |
| 7d Change | +0.03% | -0.00% |
| 24h Volume | $63.55B | $15.25B |
| All-Time High | $1.32 | $1.04 |
| Circulating Supply | 175,398,004,600 USDT | 69,113,168,456 USDC |
Performance: USDT vs USDC
| Period | USDT | USDC |
|---|---|---|
| 1 hour | +0.01% | -0.00% |
| 24 hours | +0.04% | +0.02% |
| 7 days | +0.03% | -0.00% |
| 30 days | +0.01% | -0.03% |
| 1 year | -0.05% | -0.02% |
USDT vs USDC: The Analysis
- Tether is the larger asset (2.5× USDC’s cap)
- Over 1 year, USDC has outperformed (down 0.02% vs down 0.05%)
- USDC sits closer to its all-time high (-4% vs -24%)
Tether (USDT) and USDC (USDC) sit at very different scales: Tether is ranked #3 with a $175.31B market cap, about 2.5× the $69.09B of USDC (#5). A larger cap generally means deeper liquidity and lower volatility, not a better investment.
Over the past year, USDT is down 0.05% and USDC is down 0.02% — a broadly similar path.
USDT trades 24% below its all-time high of $1.32, while USDC is 4% below its $1.04 peak — one gauge of how much each has recovered.
By use case, Tether is associated with Stablecoins, USD Stablecoin, and USDC with Stablecoins, USD Stablecoin.
USDT to USDC Conversion
| Amount | Equivalent |
|---|---|
| 1 USDT | 0.99978994 USDC |
| 1 USDC | 1.0002 USDT |
| 10 USDT | 9.9979 USDC |
Based on live prices: USDT $0.9995, USDC $0.9997. A market exchange may differ.
Volatility & Drawdown
| Metric | USDT | USDC |
|---|---|---|
| 30-day volatility (annualised) | — | — |
| All-time high | $1.32 | $1.04 |
| From all-time high | -24.28% | -4.15% |
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 Tether and USDC?
Tether (USDT) has a larger market capitalization than USDC (USDC) — about 2.5× bigger. Tether is ranked #3 and USDC is ranked #5 by market cap. Tether trades at $0.9995 and USDC at $0.9997. Tether is categorised under Stablecoins, USD Stablecoin.
Which is bigger, Tether or USDC?
Tether is larger, with a market cap of $175.31B versus USDC's $69.09B — roughly 2.5× bigger.
Which has performed better recently?
Over the last 7 days, USDT is up 0.03% and USDC is down 0.00%. Over a full year, USDT is down 0.05% versus down 0.02% for USDC. Past performance does not predict future results — this is not financial advice.
How many USDC is 1 USDT worth?
At current prices, 1 Tether is worth about 0.99978994 USDC, and 1 USDC is worth 1.0002 USDT (USDT $0.9995, USDC $0.9997).
Could USDC overtake Tether's market cap?
For USDC to reach Tether's current $175.31B market cap, its price would need to rise about 2.5× to roughly $2.54 per USDC (at today's supply), with Tether staying flat. That is a hypothetical, not a prediction.
Is Tether a better investment than USDC?
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.
Tether data · USDC data · Information only — not financial advice. A larger market cap does not mean a better investment.