Depeg event

Rupiah Token depeg below peg — March 14, 2026

Detected under v4.6

IDRT moved below peg at 11:31 UTC on March 14, 2026, with a peak deviation of 86.3% at $0.000008. The observation closed 8.5 hr later at 20:01 UTC with a recorded recovery price of $0.000058.

The checked-in price path starts at $0.000047 against a recorded peg reference of $0.000059. Pharos captured the incident through live monitoring and evaluates it under v4.6. The record reports the observed price path and resolution state without inferring a cause from those measurements.

Event summary

Direction: below peg
Peak deviation: 86.3%
Started: March 14, 2026
Ended: March 14, 2026
Duration: 8.5 hr
Peg reference: $0.000059
Start price: $0.000047
Peak price: $0.000008
Recovery price: $0.000058

Related incidents

Other recent peggedIDR depegs

Other fiat-cash incidents

Stablecoin

Rupiah Token (IDRT) →

IDRT is PT Rupiah Token Indonesia's centralized rupiah stablecoin, backed 1:1 by IDR bank deposits and KYC-gated for direct issuance and redemption.

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Methodology pin: v4.6 changelog