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Pharos

Depeg event

MSUSD Depeg, June 21, 2026: 82.0% Below Peg

Detected under v6.093

MSUSD moved below peg at 10:49 UTC on June 21, 2026, with a peak deviation of 82.0% at $0.1795. The event remains ongoing.

The checked-in price path starts at $0.3775 against a recorded peg reference of $0.9998. 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

Direction
below peg
Peak deviation
82.0%
Started
June 21, 2026
Ended
Ongoing
Outcome
Ongoing
Duration
—
Peg reference
$0.9998
Start price
$0.3775
Peak price
$0.1795

Related incidents

Stablecoin

Main Street USD (MSUSD) →

msUSD was Main Street's dollar token; Pharos freezes it after Accountable terminated reserve verification and the token permanently depegged in June 2026.

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Methodology pin: v6.093 changelog