Record sog_ev_husd_2022_10_depeg

HUSD suffers a severe depeg after exchange support is removed

HUSD lost most of its U.S. dollar value after Huobi removed support in October 2022. The final issuer, reserve, liability, and direct-redemption outcomes remain incompletely documented.

Date
2022-10-28
Category
Depeg and peg stress
Subtype
Depeg
Status effect
Became inactive
Recovery
Not recoveredNot yet recorded
Evidence
3 source records3 relations

Identity and classification

Overview

Date, taxonomy, impact, recovery, mechanism, confidence, and evidence remain separate.
Date2022-10-28
Public event categoryDepeg and peg stress
Canonical event subtypeDepeg
Structured detail kindDepeg
Stablecoin subjectsHUSD
Organization subjectsStable Universal
ImpactCritical
Effect on stablecoin lifecycleBecame inactive
Canonical status-effect valueInactive
Recovery or reversalNot recovered
Recovery dateNot yet recorded
Cause or mechanismSevere liquidity loss and withdrawal of major exchange support during October 2022.
Structured detail coverageStructured fields available below
Record confidenceMedium
Date
2022-10-28
Public category
Depeg and peg stress
Canonical subtype
Depeg
Structured detail kind
Depeg
Impact
Critical
Status effect
Became inactive
Recovery
Not recovered
Recovery date
Not yet recorded
Cause or mechanism
Severe liquidity loss and withdrawal of major exchange support during October 2022.
Record confidence
Medium

Affected records

Subjects

Stablecoin and organization subjects remain separate record groups.
Stablecoin subject

HUSD

Open the stablecoin dossier for current state, organizations, deployments, evidence, and unknowns.

Organization subject

Stable Universal

Open the organization record for roles, relationships, events, evidence, and unknowns.

Typed record

Structured detail

Event-type-specific facts remain visible with explicit value states.
Structured event detail
Depeg detail — Peg referenceUSD
Depeg detail — DirectionBelow Peg
Depeg detail — Extreme priceNot yet recorded
Depeg detail — Maximum deviationNot yet recorded
Depeg detail — DurationNot yet recorded
Depeg detail — Recovery statusNot Recovered
Depeg detail — Recovery dateNot yet recorded
Depeg detail — Cause summarySevere liquidity loss and withdrawal of major exchange support during October 2022.
Depeg detail — Price-source recordssog_src_husd_depeg_batch_d
Depeg detail — Peg reference
USD
Depeg detail — Direction
Below Peg
Depeg detail — Extreme price
Not yet recorded
Depeg detail — Maximum deviation
Not yet recorded
Depeg detail — Duration
Not yet recorded
Depeg detail — Recovery status
Not Recovered
Depeg detail — Recovery date
Not yet recorded
Depeg detail — Cause summary
Severe liquidity loss and withdrawal of major exchange support during October 2022.
Depeg detail — Price-source records
sog_src_husd_depeg_batch_d

Provenance

Evidence

Source identity, publisher, publication date, reliability, archive, and relation count remain separate.
3 source identities · 3 evidence relations
SourcePublisherSource categoryProvenancePrimary or secondarySupported claimsArchiveReliability
Archived HUSD product and issuer materials
Published Not yet recorded
Stable Universal / archived websiteArchive or historical record
Canonical: Archived Official Site
Archive capturePrimary sourceHistorical Entity and Issuer, Reserve Claim, Redemption ClaimArchive index or wildcardMedium
Stablecoin HUSD plunges after Huobi delisting
Published 2022-10-28
CoinDeskIndependent news or analysis
Canonical: News Article
Independent third-party sourceSecondary sourceDepeg Event, Market Price, Event DateArchive index or wildcardHigh
HUSD historical market and contract reference
Published Not yet recorded
CoinGeckoData or market reference
Canonical: Market Reference
Data or market aggregatorSecondary sourceHistorical Market State, Contract Identity, Inactive Market ContextArchive index or wildcardMedium

Maintenance

Corrections and further reading

Use the documented correction path and methodology.