HostTBTC vs USDG — price, size and safety, side by side
TBTC (Ethereum) vs USDG (Solana) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-09-17T20:24:07 / 2026-09-17.
TBTC vs USDG — normalized performance, 2026-09-08 to 2026-09-17T20:24:07
| TBTC | USDG | |
|---|---|---|
| Price | $78.83K | $0.9997 |
| Market cap | — | $609.30M |
| 24h volume | $2.16M | $45.35M |
| Liquidity | $4.23M | $35.30M |
| FDV | — | $609.30M |
| Holders | — | 20,746 |
| Age (days) | 864 | — |
| Safety grade | B | A |
Where they differ
- USDG measures ~8.4× the liquidity of TBTC
- USDG measures ~21× the 24h volume of TBTC
What the data says
TBTC
tBTC is Threshold Network's trust-minimized wrapped Bitcoin — the decentralized-custody answer to WBTC, where a rotating set of node operators secures the BTC rather than a single custodian. The deployment 0x18084fba666a33d37592fa2633fd49a74dd93a88 is the v2 mint; our September 14, 2026 snapshot reads $4.2 million of tracked pool liquidity.
The honest contrast is the whole point of the asset: tBTC trades BitGo's institutional custody for a threshold-signature committee — no single company can lose or freeze the coins, but the security model is cryptographic-economic (operator collateral) rather than legal, which is a different risk shape, not a strictly smaller one. Its depth vs WBTC's billions is the market's honest verdict on how much that trade matters to people.
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 September 16, 2026 snapshot shows a market cap of about $609.3 million against 20,746 tracked holders and $35.3 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.
FAQ
Which is bigger, TBTC or USDG?
By tracked market cap: TBTC (Ethereum) measures — and USDG (Solana) measures $609.30M — dated snapshots, not a live feed.
Which is safer, TBTC or USDG?
On the contract checks we publish: TBTC (Ethereum) grades B and USDG (Solana) grades A. A grade is a structural check on the contract, not a promise about the asset.
How have TBTC and USDG performed over the shared window?
Between 2026-09-08 and 2026-09-17T20:24:07, the measured snapshots show TBTC at +1.31% and USDG at −0.02%.
More comparisons
TBTC vs RYYTBTC vs FKBTBTC vs CRDTBTC vs RDKUSDG vs RYYUSDG vs FKBUSDG vs CRDUSDG vs RDK
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→2026-09-17T20:24:07; 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 HostDeFi product.