/
Depeg event
Detected under v4.7
USDX moved below peg at 15:00 UTC on March 21, 2026, with a peak deviation of 6.69% at $0.9330. The observation closed 9.0 hr later at 00:00 UTC with a recorded recovery price of $0.9939.
The checked-in price path starts at $0.9610 against a recorded peg reference of $0.9998. Pharos captured the incident through live monitoring and evaluates it under v4.7. 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 fiat-cash incidents
Stablecoin
Hex Trust USDX (USDX) →USDX is Hex Trust's U.S. dollar stablecoin redeemable 1:1, backed by 1-3 month U.S. Treasury bills and cash at tier-1 banks under Hong Kong issuer disclosures.
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: v4.7 changelog