Every stablecoin carries risk. Pharos shows you exactly how much. Peg scores, safety grades, depeg alerts, yield data & on-chain liquidity for 145+ coins. Don't hold blind

Pharos is a stablecoin risk-tracking website that presents coin-by-coin profiles with peg scores, safety grades, depeg alerts, yield data, and on-chain liquidity for more than 145 stablecoins. The project’s stated goal is to help users avoid holding stablecoins blindly by making the key risk dimensions visible in one place, with USDC shown as an example profile on the site. The product arrives amid broader concern that stablecoins can lose their peg, face liquidity stress, and expose holders to reserve, credit, governance, operational, and regulatory risks. Recent research and policy work from the broader financial ecosystem has emphasized that even fiat-backed stablecoins can be vulnerable to runs and that fragmented oversight leaves important gaps in transparency and supervision. In that context, Pharos fits into a growing demand for better risk disclosure around stablecoins, especially as these tokens are increasingly used across trading, payments, and DeFi markets.

✨ AI-generated background, compiled from web sources — not editorial content.

More coverage

• Stablecoins: financial risks, vulnerabilities, and implications for the ... (frontiersin.org)
• Stablecoin Risks: Some Warning Bells - Bank Policy Institute (bpi.com)
• USDC (USD Coin) Stablecoin Risk Profile | Pharos (pharos.watch)
• FSB finds significant gaps and inconsistencies in implementation of ... (fsb.org)
• [PDF] Stablecoins: risks, potential and regulation (bis.org)

Explore the topic

• USDC
• Squid Pass
• Yield
• Onchain Data