USDT and USDC price alerts: how far they moved off the peg
To be alerted when USDT or USDC moves away from $1, set the alert on a dollar pair, such as USDT/USD on Kraken or Coinbase, at a level a little below $1, or one below and one above. In the 90 days to 27 October 2026, USDT/USD never closed a day more than 0.17% from $1 on Kraken, Coinbase, Binance or Bybit, and the furthest any trade went was 2.04% below $1 (Bybit’s USDT/USD, 3 Aug). Two depegs that made the news lasted longer: USDT’s on 12 May 2022, for hours, and USDC’s in March 2023, for days.
Past figures, not a forecast. This page describes prices that have already traded, not what either coin does next.
Android only for now. An iPhone version is in development.
Which pair shows a move off the peg
- USDT/USD prices USDT in dollars. Crypto Alerts & Alarms has it on Kraken, Coinbase, Binance and Bybit.
- USDC/USD does the same for USDC, on Kraken and Binance.
- USDC/USDT prices one stablecoin in the other, so a move can come from either: USDC fell in March 2023, USDT in May 2022. It is on Binance, Bybit, Kraken and KuCoin.
An alert on BTC/USDT follows Bitcoin, not USDT: choosing the quote currency for a coin.
How far USDT and USDC moved in the last 90 days
| Pair and exchange | Lowest price | Highest price | Furthest daily close | Days 0.1% or more away | Days 0.5% or more away |
|---|---|---|---|---|---|
| USDT/USD on Kraken | 0.19% below (27 Oct) | 0.10% above (22 Sep) | 0.17% below | 47 of 90 | 0 of 90 |
| USDT/USD on Coinbase | 0.85% below (20 Aug) | 0.03% above (4 Sep) | 0.16% below | 48 of 90 | 1 of 90 |
| USDT/USD on Binance | 0.34% below (14 Oct) | 0.03% above (28 Aug) | 0.16% below | 62 of 90 | 0 of 90 |
| USDT/USD on Bybit | 2.04% below (3 Aug) | 0.02% above (27 Aug) | 0.16% below | 51 of 90 | 1 of 90 |
| USDC/USD on Kraken | 0.05% below (26 Sep) | 0.03% above (20 Sep) | 0.04% below | 0 of 90 | 0 of 90 |
| USDC/USDT on Binance | 0.04% below (4 Sep) | 2.10% above (21 Oct) | 0.14% above | 25 of 90 | 4 of 90 |
| USDC/USDT on KuCoin | 0.10% below (6 Sep) | 0.13% above (13 Oct) | 0.12% above | 21 of 90 | 0 of 90 |
Measured by where each day ended, USDT/USD stayed within 0.17% of $1 on all four exchanges, and USDC/USD on Kraken within 0.04%. The bigger figures are single trades, such as 2.04% below $1 on Bybit’s USDT/USD, 3 Aug. On Kraken, USDT/USD traded 0.1% or more from $1 on 47 of the 90 days, and 0.5% or more on none of them.
The longest history each exchange’s API gives
| Pair and exchange | Data from | Lowest price | Highest price | Furthest daily close | Days that closed 1% or more away |
|---|---|---|---|---|---|
| USDT/USD on Kraken | 7 Nov 2024 | 4.82% below (28 May 2025) | 2.81% above (10 Oct 2025) | 0.21% below (4 Feb 2026) | 0 of 720 |
| USDC/USD on Kraken | 7 Nov 2024 | 1.42% below (3 Feb 2025) | 5.00% above (14 Dec 2025) | 0.05% below (23 Jan 2026) | 0 of 720 |
| USDT/USD on Coinbase | 4 May 2021 | 5.90% below (12 May 2022) | 9.99% above (19 May 2021) | 0.78% above (12 Mar 2023) | 0 of 2,003 |
| USDC/USDT on Binance | 15 Dec 2018 | 80.00% below (4 Dec 2021) | 911.00% above (5 Feb 2019) | 4.08% below (11 Mar 2023) | 39 of 2,709 |
| USDC/USDT on KuCoin | 23 Nov 2020 | 32.00% below (26 Nov 2020) | 19.52% above (12 May 2022) | 3.97% below (11 Mar 2023) | 2 of 2,165 |
Kraken’s public API returns only its latest 720 daily candles; its documentation says older data “cannot be retrieved”. Binance’s USDC/USDT has no candles between 26 September 2022 and 11 March 2023. By its daily closes, USDT/USD on Coinbase ended 1% or more from $1 on none of its 2,003 days; its furthest close was 0.78% above $1, on 12 March 2023.
A brief print on one exchange is not a depeg
A day’s lowest or highest price can come from one burst of trades that clears an exchange’s order book for a moment:
- Kraken, 28 May 2025. USDT/USD traded at 4.82% below $1 at 10:27:26 UTC on 28 May 2025. Its 84 trades 2% or more below $1 all came within a single second, and Kraken’s trade record marks every one of them as a market order from a seller. Trades 1% or more below $1 ended 1 minute 56 seconds after they began.
- Binance, 4 December 2021. USDC/USDT traded at 80.00% below 1 USDT at 08:16 UTC on 4 December 2021, and that minute closed 0.18% below 1 USDT. Only 2 minutes that day traded 1% or more from 1 USDT.
- Bybit, 3 August 2026. USDT/USD traded at 2.04% below $1 at 02:51 UTC on 3 August 2026, and was 0.5% or more from $1 in 2 minutes of that day.
Crypto Alerts & Alarms checks each exchange’s last traded price, so a print like these can fire an alert. To hear only about bigger moves, set the level further from $1, where the tables show fewer days reached it, and check a second exchange when it fires. The flash crash of 10 October 2025 has its own page.
Two depegs that made the news: USDT in May 2022, USDC in March 2023
USDT, 12 May 2022. In the week the stablecoin TerraUSD (UST) fell as low as 22 cents, USDT lost its peg too, CoinDesk reported that day. On Coinbase, USDT/USD fell as low as 5.90% below $1 at 07:18 UTC on 12 May 2022. Its hourly closes were 0.5% or more below $1 for 12 hours, from 03:00 UTC to 15:00 UTC, and 1% or more below for 6 of them. The day closed 0.20% below $1.
USDC, March 2023. Circle, which issues USDC, said on Friday 10 March 2023 that $3.3 billion of its reserves were at the collapsed Silicon Valley Bank, and the next day USDC “fell as low as $0.88”, Reuters reported; CNBC, citing CoinDesk data, put it below 87 cents. On KuCoin, USDC/USDT fell as low as 13.79% below 1 USDT at 07:13 UTC on 11 March 2023, and 61 hourly closes were 1% or more below 1 USDT, from 00:00 UTC on 11 March 2023 to 13:00 UTC on 13 March 2023. It closed 3.97% below 1 USDT on 11 March, 1.55% below 1 USDT on 12 March and 0.47% below 1 USDT on 13 March.
That pair measures USDC against USDT, and USDT traded above $1 that weekend: Coinbase’s USDT/USD reached 2.66% above $1 on 11 March. Binance’s USDC/USDT candles resume at 14:00 UTC on 11 March 2023, and it traded as low as 11.80% below 1 USDT that day.
USDT against your own currency
USDT also has a price in local currencies: how many lira, reais or pesos one USDT costs. The app follows Binance’s and Bybit’s pairs in the table below, and Kraken’s, Coinbase’s and KuCoin’s against the euro, pound and others. It has no USDT pair against the Indian rupee, Nigerian naira, Pakistani rupee or Vietnamese dong.
| Currency | Exchange | Change over the 90 days | Typical daily move | Largest daily move |
|---|---|---|---|---|
| Turkish lira (TRY) | Binance | Up 4.95% | 0.06% | 0.79% rise, Sunday 20 Sep |
| Brazilian real (BRL) | Binance | Up 4.41% | 0.28% | 4.38% rise, Sunday 25 Oct |
| Argentine peso (ARS) | Binance | Up 3.73% | 0.14% | 1.34% fall, Thursday 30 Jul |
| Mexican peso (MXN) | Binance | Up 7.11% | 0.18% | 1.52% rise, Wednesday 21 Oct |
| Colombian peso (COP) | Binance | Down 2.30% | 0.40% | 3.54% rise, Wednesday 23 Sep |
| Indonesian rupiah (IDR) | Binance | Up 0.58% | 0.20% | 0.75% fall, Wednesday 19 Aug |
| South African rand (ZAR) | Binance | Down 0.11% | 0.30% | 1.34% fall, Wednesday 19 Aug |
| Kazakh tenge (KZT) | Binance | Down 3.71% | 0.26% | 2.11% rise, Tuesday 18 Aug |
| UAE dirham (AED) | Binance | Unchanged | 0.05% | 0.33% rise, Monday 14 Sep |
| Euro (EUR) | Bybit | Up 3.02% | 0.10% | 0.85% fall, Wednesday 19 Aug |
| Brazilian real (BRL) | Bybit | Up 4.29% | 0.26% | 4.64% rise, Sunday 25 Oct |
| Polish zloty (PLN) | Bybit | Up 4.00% | 0.18% | 1.29% fall, Thursday 30 Jul |
| UAE dirham (AED) | Bybit | Down 0.05% | 0.03% | 0.27% rise, Saturday 22 Aug |
Too new for 90 days of data: USDT/THB on Binance, whose first daily candle is 21 October 2026. With USDT/USD within 0.17% of $1 at every daily close, these moves are mostly the local currency moving against the dollar, as priced on that exchange. The largest change was USDT/MXN on Binance, up 7.11%. By typical daily move, the calmest pair was USDT/AED on Bybit (0.03%) and the busiest USDT/COP on Binance (0.40%).
Setting a USDT or USDC alert in the app
- Search for USDT or USDC. The search matches the coin, not the currency it is priced in, so you see USDT’s own pairs, such as USDT/USD on Kraken or USDT/TRY on Binance.
- Choose falls below or rises above. To watch both sides of $1, add a level for the other side in the second row; the alert fires when the price crosses either one.
- Type the level in the Target price box, which takes four decimal places at a price near $1, such as 0.9950, or a percentage in the Change box, to two decimal places. A percentage is fixed when you create the alert: 0.50% either way, set at 1.0002, fires if the price crosses 0.9952 or 1.0052, and those levels do not move.
- It arrives as a push notification; you can make it a full-screen alarm that rings through silent mode on Android, and send it to Telegram too.
- Choose Once, then switch off, or Every time, with a pause of 5 minutes to 24 hours between firings.
Alerts are checked on our servers, so they fire with the app closed. For the alarm and the phone settings it needs, see the crypto price alarm guide.
How we measured
Daily candles (UTC days) from the five exchanges’ public market data: the 90 days from 30 July 2026 to 27 October 2026, and the longest history each API returns. Distance from the peg is the difference from $1, or from 1 USDT for USDC/USDT, in percent. The depegs use hourly and 1-minute candles, the brief prints 1-minute candles and Kraken’s public trades. The date at the top shows when the figures were last calculated.
Android only for now. An iPhone version is in development.
Common questions
How do I get an alert if USDT loses its peg?
Set a price alert on a USDT/USD pair, such as Kraken’s or Coinbase’s, at a level a little below $1, or one below and one above. Crypto Alerts & Alarms takes a level with four decimal places, such as 0.9950, and checks it on our servers, so it fires with the app closed.
Has USDT ever lost its dollar peg?
Yes. On 12 May 2022, USDT/USD on Coinbase fell as low as 5.90% below $1, and 12 of that day’s hourly closes were 0.5% or more below $1. The day still closed 0.20% below $1.
Has USDC ever lost its peg?
Yes. After Circle said on 10 March 2023 that $3.3 billion of USDC’s reserves were at the collapsed Silicon Valley Bank, USDC fell as low as $0.88, Reuters reported. On KuCoin, USDC/USDT traded as low as 13.79% below 1 USDT, and 61 hourly closes were 1% or more below 1 USDT.
Can a single odd trade set off a peg alert?
Yes. Alerts follow each exchange’s last traded price, and on 28 May 2025 USDT/USD on Kraken traded 4.82% below $1 in trades that all came within a single second.
Can I get an alert on the USDT rate in my own currency?
Yes, in Crypto Alerts & Alarms, where Binance, Bybit, Coinbase, Kraken or KuCoin lists the pair, such as USDT against the Turkish lira or Brazilian real on Binance, or the Polish zloty on Bybit. It has no USDT pair against the Indian rupee, Nigerian naira, Pakistani rupee or Vietnamese dong.
Last updated: 28 October 2026. Spot a mistake? Email support@appsfromzero.com and we will correct it.