From April 30 to May 2, 2026, the price of USD0 crashed from 52.5c to 31c, as market panic subsided and previous concerns over its liquidity proved to be an overreaction, leading to a massive unwinding of long positions.
From April 22 to April 25, 2026, the price of USDTb spiked from 18c to 30.5c, likely due to renewed market panic over short-term liquidity tightening or specific collateral risks.
From April 17 to April 18, 2026, the price of PYUSD spiked from 6c to 16.5c, likely due to a sudden liquidity crunch or specific large trades causing a sudden spike in risk aversion.
From April 5 to April 6, 2026, the price of PYUSD crashed from 17.5c to 7.5c. The reason was a market sentiment correction regarding the irrational panic premium on regulated fiat-backed stablecoins; liquidity restoration led to a massive unwinding of Yes positions.
From March 12 to March 13, 2026, the price of USD0 crashed from 45c to 17c. The reason was a sharp market correction regarding the panic previously triggered by the USD0++ (bond token) depeg; investors realized the core protocol was unaffected, leading to a massive unwinding of 'Yes' positions.
On February 23, 2026, USD1's price briefly wobbled to $0.994 due to a 'coordinated attack' and compromised co-founder social accounts, recovering quickly.
On October 10, 2025, USDE flash-crashed to $0.65 on Binance driven by an internal oracle failure during a liquidity crunch, causing massive liquidations.