/
Depeg event
Detected under v4.4
EURS moved above peg at 20:02 UTC on March 6, 2026, with a peak deviation of 9.23% at $1.26. The observation closed 3.3 days later at 04:00 UTC with a recorded recovery price of $0.9370.
The checked-in price path starts at $1.24 against a recorded peg reference of $1.16. 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 peggedEUR depegs
Other fiat-cash incidents
Stablecoin
Stasis Euro (EURS) →EURS is STASIS Malta's euro stablecoin, redeemable 1:1 against euro deposits at licensed EU institutions including central-bank accounts.
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: v4.4 changelog