HostUSDG vs WBTC — price, size and safety, side by side
USDG (Solana) 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.
USDG vs WBTC — normalized performance, 2026-09-08 to 2026-10-17T03:15:24
| USDG | WBTC | |
|---|---|---|
| Price | $0.9998 | $81.15K |
| Market cap | $670.45M | $9.63B |
| 24h volume | $78.86M DEX | $185.99M DEX |
| Liquidity | $41.19M | $220.70M |
| FDV | $670.45M | $9.63B |
| Holders | 21,226 | 197,266 |
| Age (days) | — | 1,583 |
| Safety grade | A | C |
Where they differ
- WBTC measures ~14× the market cap of USDG
- WBTC measures ~5.4× the liquidity of USDG
- WBTC measures ~2.4× the 24h volume of USDG
- WBTC measures ~9.3× the holder count of USDG
What the data says
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.
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, USDG or WBTC?
By tracked market cap: USDG (Solana) measures $670.45M and WBTC (Ethereum) measures $9.63B — dated snapshots, not a live feed.
Which is safer, USDG or WBTC?
On the contract checks we publish: USDG (Solana) grades A and WBTC (Ethereum) grades C. A grade is a structural check on the contract, not a promise about the asset.
How have USDG and WBTC performed over the shared window?
Between 2026-09-08 and 2026-10-17T03:15:24, the measured snapshots show USDG at −0.01% 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.