HostUSDC vs USDG — price, size and safety, side by side
USDC (Solana) vs USDG (Solana) — 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.
USDC vs USDG — normalized performance, 2026-09-08 to 2026-10-17T03:15:24
| USDC | USDG | |
|---|---|---|
| Price | $0.9998 | $0.9998 |
| Market cap | $8.60B | $670.45M |
| 24h volume | $1.90B DEX | $78.86M DEX |
| Liquidity | $464.95M | $41.19M |
| FDV | $8.60B | $670.45M |
| Holders | 5,248,202 | 21,226 |
| Safety grade | A | A |
Where they differ
- USDC measures ~13× the market cap of USDG
- USDC measures ~11× the liquidity of USDG
- USDC measures ~24× the 24h volume of USDG
- USDC measures ~247× the holder count of USDG
What the data says
USDC
USDC is the dollar most of Solana actually trades in, and judging it takes a different lens than the one that works on memecoins. This is a centralized, fiat-backed stablecoin: Circle issues it, holds the reserves behind it, and publishes monthly attestations of those reserves. On Solana it lives at mint EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v, where the October 6, 2026 snapshot records about $8.6 billion of market capitalization, roughly 5.25 million holders, and around $465 million of tracked pool liquidity — the deepest dollar venue on the chain.
Here is the part that confuses people who learned token safety from rug-checkers: USDC's mint and freeze authorities are live, on purpose, permanently. Circle has to mint new USDC when dollars come in and burn it when they go out — that is what "backed" means mechanically — and it maintains the ability to freeze addresses to comply with sanctions and court orders, which it has used. On a memecoin, a live mint authority is the classic rug lever; on a fiat-backed stablecoin it is the product working as designed. The risk hasn't vanished — it has moved from an anonymous deployer to a regulated company, which is a trade most holders are knowingly making.
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 October 6, 2026 snapshot shows a market cap of about $670.5 million against 21,226 tracked holders and $41.2 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, USDC or USDG?
By tracked market cap: USDC (Solana) measures $8.60B and USDG (Solana) measures $670.45M — dated snapshots, not a live feed.
Which is safer, USDC or USDG?
On the contract checks we publish: USDC (Solana) grades A and USDG (Solana) grades A. A grade is a structural check on the contract, not a promise about the asset.
How have USDC and USDG performed over the shared window?
Between 2026-09-08 and 2026-10-17T03:15:24, the measured snapshots show USDC at +0.00% and USDG at −0.01%.
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.