Depeg event
Detected under v4.4
BRZ moved below peg at 15:45 UTC on March 7, 2026, with a peak deviation of 11.2% at $0.1682. The observation closed 8.3 hr later at 00:00 UTC with a recorded recovery price of $0.1877.
The checked-in price path starts at $0.1856 against a recorded peg reference of $0.1895. Pharos captured the incident through live monitoring and evaluates it under v4.4. The record reports the observed price path and resolution state without inferring a cause from those measurements.
Event summary
Related incidents
Other recent peggedREAL depegs
Other fiat-cash incidents
Co-occurring stress events
Stablecoin
Brazilian Digital (BRZ) →BRZ is Transfero's centralized Brazilian real stablecoin, redeemable 1:1 by KYC'd users against BRL cash held at a regulated Brazilian institution.
Preferred source
Reading Pharos regularly? Mark it as a preferred source and Google will surface Pharos Watch more often in Top Stories, AI Overviews, and AI Mode.
Add Pharos Watch in Google ↗Methodology pin: v4.4 changelog