USD Stablecoin USR Collapses to $0.40 After Resolv Exploit
On March 22, 2026, USR — a dollar-pegged stablecoin tied to the Resolv platform — experienced a sudden and severe depeg after an exploit targeted Resolv, driving the token down to about $0.40. The shock move reflected acute sell pressure and a rapid loss of confidence in USR’s peg; trading activity and price feeds showed extreme volatility in the hours after the incident.
The collapse raises immediate questions about Resolv’s reserves, counterparty exposures and whether there is a feasible path to restoring the peg. Market participants and on-chain investigators will be watching for an official response, forensic findings and any liquidity or recapitalization plan. The episode also underscores ongoing risks in the stablecoin sector and could prompt renewed regulatory and institutional scrutiny.