HostUSD0++ vs WBTC — price, size and safety, side by side
USD0++ (Ethereum) vs WBTC (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-10-17 / 2026-10-17.
USD0++ vs WBTC — normalized performance, 2026-09-08 to 2026-10-17T03:15:24
| USD0++ | WBTC | |
|---|---|---|
| Price | $0.9747 | $81.15K |
| Market cap | — | $9.63B |
| 24h volume | $4.15 DEX | $185.99M DEX |
| Liquidity | $5.33M | $220.70M |
| FDV | $504.34M | $9.63B |
| Holders | 2,713 | 197,266 |
| Age (days) | 528 | 1,583 |
| Safety grade | B | C |
Where they differ
- WBTC measures ~41× the liquidity of USD0++
- WBTC measures ~44,813,974× the 24h volume of USD0++
- WBTC measures ~73× the holder count of USD0++
What the data says
USD0++
USD0++ is Usual Protocol's bonded T-bill — the yield-bearing form of its USD0 stablecoin, structured as a liquid bond that locks the underlying for a term and pays boosted yield for the commitment. The deployment 0x35d8949372d46b7a3d5a56006ae77b215fc69bc0 is the mint; our October 9, 2026 snapshot reads $5.3 million of tracked pool liquidity.
The honest mechanics: the "++" is duration — USD0++ trades instant redeemability for a locked term in exchange for protocol yield, which means it can and does trade below the dollar value of the USD0 inside it when the market marks that lock-up at a discount. A holder isn't buying a stablecoin; they're buying a bond with a market price.
WBTC
WBTC is the original wrapped Bitcoin — the ERC-20 that put BTC on Ethereum's DeFi rails in 2019, custodied by BitGo with a mint-and-burn pipeline run through KYC'd merchants. The deployment 0x2260fac5e5542a773aa44fbcfedf7c193bc2c599 is the canonical mint, one of the oldest contract addresses in DeFi; our October 9, 2026 snapshot reads $220.7 million of tracked pool liquidity on this pair set — a slice of a float that spans every major venue.
The honest frame is unchanged since launch: holding WBTC means trusting BitGo's custody — the reserve is attested and the mint pipeline is transparent, but the claim is institutional, not cryptographic. Coinbase's cbBTC arrived as the regulated-competitor answer; the two trade the same BTC exposure with different custodians, and the depth split between them is the market's live verdict on whose custody it prefers.
FAQ
Which is bigger, USD0++ or WBTC?
By tracked market cap: USD0++ (Ethereum) measures — and WBTC (Ethereum) measures $9.63B — dated snapshots, not a live feed.
Which is safer, USD0++ or WBTC?
On the contract checks we publish: USD0++ (Ethereum) grades B and WBTC (Ethereum) grades C. A grade is a structural check on the contract, not a promise about the asset.
How have USD0++ and WBTC performed over the shared window?
Between 2026-09-08 and 2026-10-17T03:15:24, the measured snapshots show USD0++ at +0.32% and WBTC at +4.24%.
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→2026-10-17T03:15:24; 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.