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Peg Risk Brief

Is EURC depegged?

Pegana cannot currently answer for EURC: one or more inputs are missing or failed a sanity check, so the state is reported as Unknown rather than guessed.

EURC is an FX-referenced stablecoin, so its intrinsic value tracks a non-USD currency rather than the dollar. Pegana computes EURC’s intrinsic value from its peg mechanism and compares it against the best executable market quote. The spread is smoothed, classified against EURC’s own calibrated thresholds with hysteresis, and every state change emits a public receipt that anyone can re-derive byte-for-byte with the open-source methodology crate.

Last verified Oct 23, 2026, 20:29 UTC