USDC rank #6 USDS rank #11 Asset comparison

Asset vs asset

USDC vs USDS

USDC is a stablecoin liquidity rail with $78.65B in market cap, while USDS is a stablecoin liquidity rail with $11.67B. The useful comparison is market role, liquidity, seven-day direction, and which follow-up page gives the cleaner next decision.

Comparison Table

What changes between USDC and USDS.

Question USDC USDS
Market role stablecoin liquidity rail stablecoin liquidity rail
Price $0.99983 $0.999999
Market cap $78.65B $11.67B
24h volume $9.23B $10.37M
7d change -0.01% +0.01%
Relative size USDC is 6.74x USDS's market cap USDS is 0.15x USDC's market cap
Volume comparison USDC trades at 890.25x USDS's 24h volume USDS trades at 0.00x USDC's 24h volume
Calculator

Compare valuation scenarios

Use the market-cap calculator when the real question is what one asset would imply at another size.

Open calculator
Risk

Check custody and venue risk

A cleaner comparison still needs a practical plan for exchanges, withdrawals, and wallets.

Open checklist
Desk

Return to the full board

Put both names back into the wider market context before treating the comparison as a final answer.

Open markets