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Pharos
PHAROSlive stablecoin signals

Depeg event

JPY Coin depeg above peg — May 12, 2026

Detected under v5.97 · confirmed via native:jpy+pool:uniswap-v4:cg_onchain

Event summary

Direction
above peg
Peak deviation
21.02%
Started
May 12, 2026
Ended
Ongoing
Duration
Peg reference
$0.006340
Start price
$0.007669
Peak price
$0.007672

Stablecoin

JPY Coin (JPYC) →

JPYC is JPYC Inc.'s centralized yen stablecoin, backed 1:1 by JPY deposits and Japanese government bonds under a Type II Funds Transfer Service license.

Methodology pin: v5.97 changelog