Event record
Reviewed event
msUSD suffers severe market depeg
msUSD traded materially below its intended one-dollar peg after the verification-provider termination, with reporting placing the intraday low near nine cents.
- Date
- 2026-06-20
- Affected records
- 2 linked records
1 stablecoin · 1 organization - Evidence
- 1 source
1 evidence relation
Connected records
Affected records
Assets and organizations connected to this event.Sources
Evidence
Sources used for this record, with archival copies where available.| Source | Publisher and date | Relevance | Archive |
|---|---|---|---|
A single vendor termination just wiped 88% off a stablecoin that called itself institutional-gradeSource details
| Startup Fortune Published 2026-06-21 | Accountable Termination, Verification Standards, Depeg, Reported Intraday Low, Unconfirmed Insolvency, Verification Termination and Severe Depeg | Archive index or wildcard |
Independent news or analysis
MediumA single vendor termination just wiped 88% off a stablecoin that called itself institutional-grade
- Publisher
- Startup Fortune
- Published
- 2026-06-21
- Provenance
- Independent third-party source
- Primary or secondary
- Secondary source
- Supported claims
- Accountable Termination, Verification Standards, Depeg, Reported Intraday Low, Unconfirmed Insolvency, Verification Termination and Severe Depeg
- Archive
- Archive index or wildcard
- Reliability
- Medium
Maintenance