On Friday March 10, 2023, Circle's stablecoin USDC depegged on news that it had a portion of its reserves deposited in the failed Silicon Valley Bank. Reserve's first RToken, eUSD, which was back partially by USDC thus experienced its first collateral default. This POAP commemorates the noble RSR stakers whose valiant efforts helped re-collateraliz eUSDC in defence of its peg.