Ethena USDe vs 
PayPal USD
Ethena USDe (USDE) has a market cap of $14.07B, 10.1× that of PayPal USD (PYUSD) at $1.39B, as of 2026-11-08 23:24 UTC.
At Ethena USDe's market cap, one PYUSD would be worth $10.114 — 10.1× its current price of $1.00. This is arithmetic, not a forecast.
Over 24 hours USDE is -0.03% and PYUSD is +0.01%.
Updated · Market data, not investment advice.
| Metric | Ethena USDe (USDE) | PayPal USD (PYUSD) |
|---|---|---|
| Price | $0.9999 | $1.00 |
| Market cap | $14.07B | $1.39B |
| Rank | #12 | #42 |
| 24h volume | $8.61M | $6.61M |
| 24h change | -0.03% | +0.01% |
| 7d change | +0.01% | +0.02% |
| 30d change | -0.06% | — |
| 90d change | -0.07% | — |
| Volatility (90d, annualised) | 0% | — |
| Circulating supply | 14.08B | 1.39B |
| Max supply | No cap | No cap |
| Fully diluted value | $14.07B | $2.73B |
Frequently asked questions
What would PYUSD be worth with USDE's market cap?+
$10.114 per PYUSD, based on PayPal USD's current circulating supply. This is arithmetic, not a forecast.
Is Ethena USDe bigger than PayPal USD?+
Yes. Ethena USDe's market cap is $14.07B versus $1.39B for PayPal USD (2026-11-08 23:24 UTC).
Where does this data come from?+
Live prices and history from Binance spot markets; market cap and supply from CoinLore. Past performance doesn't predict future returns.