Main Street USD (msUSD) Stablecoin Loses Dollar Peg and Drops to $0.29

The Main Street USD stablecoin (MSUSD), which had been pegged at $1 for months, lost its dollar peg after verification provider Accountable terminated their agreement with the protocol. The token dropped over 70% in a single day, trading near $0.29 as of Saturday.

By Lockridge Okoth Sat, June 20, 2026 at 11:12 PM GMT+3 3 min read · Yahoo Finance · June 20, 2026, 20:12 UTC

Main Street USD (msUSD) Stablecoin Loses Dollar Peg and Drops to $0.29

Topics: decentralized_finance (DeFi) price_crash stablecoins

Read the full article at Yahoo Finance

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