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Record sog_ev_msusd_verification_termination_2026

Accountable terminates verification services for MainStreet

Accountable ended its service relationship with MainStreet after stating that MainStreet did not meet its verification standards, removing the previously available public reserve-verification path.

Date
2026-06-20
Category
Reserve change
Subtype
Reserve Verification Termination
Status effect
Restricted or impaired
Recovery
Not applicableNot yet recorded
Evidence
1 source record1 relations

Identity and classification

Overview

Date, taxonomy, impact, recovery, mechanism, confidence, and evidence remain separate.
Date2026-06-20
Public event categoryReserve change
Canonical event subtypeReserve Verification Termination
Structured detail kindReserve Change
Stablecoin subjectsMainStreetUSD
Organization subjectsMainStreet Finance
ImpactHigh
Effect on stablecoin lifecycleRestricted or impaired
Canonical status-effect valueImpaired
Recovery or reversalNot applicable
Recovery dateNot Applicable
Cause or mechanismThird-party public reserve-verification coverage ended on 2026-06-20; this does not by itself establish a reserve deficit.
Structured detail coverageStructured fields available below
Record confidenceMedium
Date
2026-06-20
Public category
Reserve change
Canonical subtype
Reserve Verification Termination
Structured detail kind
Reserve Change
Impact
High
Status effect
Restricted or impaired
Recovery
Not applicable
Recovery date
Not yet recorded
Cause or mechanism
Third-party public reserve-verification coverage ended on 2026-06-20; this does not by itself establish a reserve deficit.
Record confidence
Medium

Affected records

Subjects

Stablecoin and organization subjects remain separate record groups.
Stablecoin subject

MainStreetUSD

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Organization subject

MainStreet Finance

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Typed record

Structured detail

Event-type-specific facts remain visible with explicit value states.
Structured event detail
Reserve-change detail — SummaryThird-party public reserve-verification coverage ended on 2026-06-20; this does not by itself establish a reserve deficit.
Reserve-change detail — Summary
Third-party public reserve-verification coverage ended on 2026-06-20; this does not by itself establish a reserve deficit.

Provenance

Evidence

Source identity, publisher, publication date, reliability, archive, and relation count remain separate.
1 source identity · 1 evidence relation
SourcePublisherSource categoryProvenancePrimary or secondarySupported claimsArchiveReliability
A single vendor termination just wiped 88% off a stablecoin that called itself institutional-grade
Published 2026-06-21		Startup FortuneIndependent news or analysis
Canonical: News Report		Independent third-party sourceSecondary sourceAccountable Termination, Verification Standards, Depeg, Reported Intraday Low, Unconfirmed Insolvency, Verification Termination and Severe DepegArchive index or wildcardMedium

Maintenance

Corrections and further reading

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