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 1.7× bigger. Ethereum is ranked #2 and Tether is ranked #3 by market cap.
| Metric | Ethereum (ETH) | Tether (USDT) |
|---|---|---|
| Price | $2,499.45 | $0.9992 |
| Market Cap | $305.24B | $184.11B |
| Rank | #2 | #3 |
| 24h Change | +0.25% | +0.00% |
| 7d Change | -7.06% | -0.08% |
| 24h Volume | $6.57B | $28.89B |
| All-Time High | $4,946.05 | $1.32 |
| Circulating Supply | 122,124,805 ETH | 184,250,955,801 USDT |
Performance: ETH vs USDT
| Period | ETH | USDT |
|---|---|---|
| 1 hour | -0.00% | -0.00% |
| 24 hours | +0.25% | +0.00% |
| 7 days | -7.06% | -0.08% |
| 30 days | -0.67% | -0.05% |
| 1 year | -44.61% | -0.25% |
ETH vs USDT: The Analysis
- Ethereum is the larger asset (1.7× Tether’s cap)
- Over 1 year, USDT has outperformed (down 0.25% vs down 44.61%)
- USDT sits closer to its all-time high (-24% vs -49%)
Ethereum (ETH) and Tether (USDT) sit at very different scales: Ethereum is ranked #2 with a $305.24B market cap, about 1.7× the $184.11B of Tether (#3). A larger cap generally means deeper liquidity and lower volatility, not a better investment.
Over the past year, ETH is down 44.61% and USDT is down 0.25% — USDT has clearly led.
ETH trades 49% 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 | 2501.4336 USDT |
| 1 USDT | 0.00039977 ETH |
| 10 ETH | 25,014.3364 USDT |
Based on live prices: ETH $2,499.45, USDT $0.9992. 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 | -49.47% | -24.30% |
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 1.7× bigger. Ethereum is ranked #2 and Tether is ranked #3 by market cap. Ethereum trades at $2,499.45 and Tether at $0.9992. Ethereum is categorised under Smart Contract Platform, Layer 1 (L1).
Which is bigger, Ethereum or Tether?
Ethereum is larger, with a market cap of $305.24B versus Tether's $184.11B — roughly 1.7× bigger.
Which has performed better recently?
Over the last 7 days, ETH is down 7.06% and USDT is down 0.08%. Over a full year, ETH is down 44.61% versus down 0.25% 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 2501.4336 USDT, and 1 Tether is worth 0.00039977 ETH (ETH $2,499.45, USDT $0.9992).
Could Tether overtake Ethereum's market cap?
For Tether to reach Ethereum's current $305.24B market cap, its price would need to rise about 1.7× to roughly $1.66 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.