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Depeg event
Detected under v4.4
USN moved above peg at 15:00 UTC on March 2, 2026, with a peak deviation of 12.0% at $1.12. The observation closed 15 min later at 15:15 UTC with a recorded recovery price of $0.9996.
The checked-in price path starts at $1.12 against a recorded peg reference of $0.9998. 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 peggedUSD depegs
Other rwa-credit-fund incidents
Stablecoin
Noon USN (USN) →USN is Noon's base dollar, minted 1:1 from USDC/USDT or short-term T-bills while yield accrues through separate sUSN.
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