Stablecoin Depeg Risk: USR Fell 95%, USD0++ Hit $0.89
Sep 30 2026 01:51 UTC - Damilola Esebame
USR lost 95% after a key exploit minted 80M unbacked tokens, USD0++ slid to $0.89, and USDC holds S&P's stability rating of 2. How their depeg risk compares.
➤ USR and USD0++ experienced significant depegging events due to a private key exploit and structural design flaws, respectively, highlighting risks in the stablecoin market.
➤ USDC maintained a strong stability rating from S&P due to transparent, audited reserves and regulatory compliance, contrasting with the failures of USR and USD0++.
➤ The GENIUS Act mandates 1:1 reserve backing and monthly reporting for stablecoin issuers, aiming to increase market stability and investor protection following recent collapses.
Read more at: https://rwatimes.io/articles/financefeeds-stablecoin-depeg-risk-usr-fell-95-usd-0-hit-0-89-609198195?utm_source=binance
Sep 30 2026 01:51 UTC - Damilola Esebame
USR lost 95% after a key exploit minted 80M unbacked tokens, USD0++ slid to $0.89, and USDC holds S&P's stability rating of 2. How their depeg risk compares.
➤ USR and USD0++ experienced significant depegging events due to a private key exploit and structural design flaws, respectively, highlighting risks in the stablecoin market.
➤ USDC maintained a strong stability rating from S&P due to transparent, audited reserves and regulatory compliance, contrasting with the failures of USR and USD0++.
➤ The GENIUS Act mandates 1:1 reserve backing and monthly reporting for stablecoin issuers, aiming to increase market stability and investor protection following recent collapses.
Read more at: https://rwatimes.io/articles/financefeeds-stablecoin-depeg-risk-usr-fell-95-usd-0-hit-0-89-609198195?utm_source=binance