Depeg event
Detected under v6.093
GYEN moved below peg at 18:49 UTC on June 21, 2026, with a peak deviation of 64.4% at $0.002191. The observation remains ongoing.
The checked-in price path starts at $0.002808 against a recorded peg reference of $0.006192. Pharos captured the incident through live monitoring and evaluates it under v6.093. The record reports the observed price path and resolution state without inferring a cause from those measurements.
Event summary
Related incidents
Other recent peggedJPY depegs
Other fiat-cash incidents
Stablecoin
GYEN (GYEN) →GYEN is GMO Trust's NYDFS-chartered JPY stablecoin now in wind-down, with purchases disabled and redemption-only access open during the initial period.
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: v6.093 changelog