Depeg event
Detected under v2.1
reUSD moved above peg at 00:31 UTC on February 22, 2026, with a peak deviation of 6.24% at $1.06. The observation closed 20.8 hr later at 21:16 UTC.
The checked-in price path starts at $1.06 against a recorded peg reference of $0.9996. Pharos captured the incident through live monitoring and evaluates it under v2.1. 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 rwa-credit-fund incidents
Stablecoin
Re Protocol reUSD (reUSD) →Re Protocol's senior NAV-based reinsurance tranche, issued by Resilience (BVI) Ltd with offchain exposure through principal-at-risk notes.
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: v2.1 changelog