/
Depeg event
Detected under v4.7
USR moved below peg at 02:04 UTC on March 22, 2026, with a peak deviation of 90.3% at $0.0975. The observation remains ongoing.
The checked-in price path starts at $0.9995 against a recorded peg reference of $0.9998. Pharos captured the incident through live monitoring and evaluates it under v4.7. 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 synthetic-delta-neutral incidents
Stablecoin
Resolv USD (USR) →USR was Resolv Labs's delta-neutral synthetic dollar; it was frozen in 2026 after an EOA-minter exploit produced 80M unbacked tokens and depegged the asset.
Deep dive
Resolv USD: when one key minted eighty million — full case study →Primary source
Resolv signing-key exploit, 80M unbacked USR minted, ~70% crash ↗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: v4.7 changelog