USD Coin vs 
Ethena USDe
USD Coin (USDC) has a market cap of $74.05B, 5.3× that of Ethena USDe (USDE) at $14.07B, as of 2026-11-08 23:24 UTC.
At USD Coin's market cap, one USDE would be worth $5.2611 — 5.3× its current price of $0.9999. This is arithmetic, not a forecast.
Over 24 hours USDC is -0.01% and USDE is -0.03%.
Over 30 days, USDC gained 0.02% while USDE lost 0.06%.
Over 90 days, USDC gained 0.02% while USDE lost 0.07%.
Annualised 90-day volatility: USDC 0%, USDE 0% — USDC has been the more volatile asset.
Their daily returns are barely correlated over 90 days (0.08).
Updated · Market data, not investment advice.
| Metric | USD Coin (USDC) | Ethena USDe (USDE) |
|---|---|---|
| Price | $1.001 | $0.9999 |
| Market cap | $74.05B | $14.07B |
| Rank | #5 | #12 |
| 24h volume | $3.53B | $8.61M |
| 24h change | -0.01% | -0.03% |
| 7d change | -0.03% | +0.01% |
| 30d change | +0.02% | -0.06% |
| 90d change | +0.02% | -0.07% |
| Volatility (90d, annualised) | 0% | 0% |
| Circulating supply | 73.98B | 14.08B |
| Max supply | No cap | No cap |
| Fully diluted value | $74.05B | $14.07B |
| Correlation of daily returns (90d) | 0.08 | |
90-day performance, rebased to 100
Binance daily closes. Past performance doesn't predict future returns.
Frequently asked questions
What would USDE be worth with USDC's market cap?+
$5.2611 per USDE, based on Ethena USDe's current circulating supply. This is arithmetic, not a forecast.
Is USD Coin bigger than Ethena USDe?+
Yes. USD Coin's market cap is $74.05B versus $14.07B for Ethena USDe (2026-11-08 23:24 UTC).
Which performed better over the last 30 days, USDC or USDE?+
USD Coin: +0.02% vs Ethena USDe: -0.06% (Binance daily closes, 2026-11-08 23:24 UTC).
Do USDC and USDE move together?+
Their 90-day correlation of daily returns is 0.08 (1 = move in lockstep, 0 = unrelated) — barely correlated.
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.