HostUSDG vs USDTB — price, size and safety, side by side
USDG (Solana) vs USDTB (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-10-27 / 2026-10-26.
USDG vs USDTB — normalized performance, 2026-09-08 to 2026-10-26T21:16:29
| USDG | USDTB | |
|---|---|---|
| Price | $0.9993 | $0.9986 |
| Market cap | $670.45M | $490.66M |
| 24h volume | $78.86M DEX | $242.44K DEX |
| Liquidity | $41.19M | $10.50M |
| FDV | $670.45M | $490.66M |
| Holders | 21,226 | 295,077 |
| Age (days) | — | 631 |
| Safety grade | A | B |
Where they differ
- USDG measures ~3.9× the liquidity of USDTB
- USDG measures ~325× the 24h volume of USDTB
- USDTB measures ~14× the holder count of USDG
What the data says
USDG
USDG is Paxos's second dollar — the newer stablecoin issued under the same regulated umbrella as PYUSD, but built for the Global Dollar Network, a consortium where the yield on reserves gets shared with the institutions distributing it rather than kept whole by the issuer. On Solana it landed where stablecoins actually move: our October 6, 2026 snapshot shows a market cap of about $670.5 million against 21,226 tracked holders and $41.2 million of on-chain pool liquidity — the deepest profile in this batch, and the reason it grades 100/100.
The honest reading of that grade: a regulated issuer with attested reserves is exactly what the contract side wants, and the distribution deal is why exchanges list it — the incentive that made USDT and USDC entrenched is pointed at growth here. The residual is that "regulated" is a jurisdiction's word for centralized controls: the issuer can freeze balances, and that is a property of the asset, not a defect.
USDTB
USDtb is BlackRock's tokenized-T-bill answer to Tether — the stablecoin Ethena issues backed by BUIDL fund shares, built to hold a dollar peg with the largest asset manager's fund as the reserve. The deployment 0xc139190f447e929f090edeb554d95abb8b18ac1c is the Ethereum mint; our October 6, 2026 snapshot reads $11 million of tracked pool liquidity.
The honest framing: USDtb's reserve is only as liquid as BUIDL itself — a fund that settles like a security, not a money-market claim, which means redemptions inherit the fund's terms, not a stablecoin's usual instant-exit promise. That is a feature for holders who want T-bill duration and a constraint for anyone assuming redemption is instant.
FAQ
Which is bigger, USDG or USDTB?
By tracked market cap: USDG (Solana) measures $670.45M and USDTB (Ethereum) measures $490.66M — dated snapshots, not a live feed.
Which is safer, USDG or USDTB?
On the contract checks we publish: USDG (Solana) grades A and USDTB (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have USDG and USDTB performed over the shared window?
Between 2026-09-08 and 2026-10-26T21:16:29, the measured snapshots show USDG at −0.05% and USDTB at −0.19%.
More comparisons
USDG vs ETHUSDG vs PUMPUSDG vs RLUSDUSDG vs GHOUSDTB vs USDCAAVE vs USDTBUSDTB vs SUSDAIUSDTB vs SKY
The grade column is the one CMC's compare page cannot print — our grade is computed from the contract itself (mint/freeze authority, liquidity, holder concentration). Changes are measured over the shared window stated on the chart, 2026-09-08→2026-10-26T21:16:29; a token with fewer measured points measures a shorter span inside it.
Figures are dated on-chain snapshots, not a live feed. Safety grades are structural checks — not investment advice. Free · no signup · a NexFlow product.