diff --git a/packages/pegasus/src/pegasus.js b/packages/pegasus/src/pegasus.js
index aed2417d510..12eb50d94cd 100644
--- a/packages/pegasus/src/pegasus.js
+++ b/packages/pegasus/src/pegasus.js
@@ -1,10 +1,11 @@
 // @ts-check
 
 import { assert, details as X, q } from '@agoric/assert';
-import { makeLegacyWeakMap, makeStore } from '@agoric/store';
+import { makeLegacyWeakMap, makeStore, makeLegacyMap } from '@agoric/store';
 import { E } from '@agoric/eventual-send';
 import { assertProposalShape } from '@agoric/zoe/src/contractSupport/index.js';
 import { Far } from '@endo/marshal';
+import { makeSubscriptionKit } from '@agoric/notifier';
 
 import '@agoric/vats/exported.js';
 import '@agoric/swingset-vat/src/vats/network/types.js';
@@ -190,6 +191,7 @@ const makePegasus = (zcf, board, namesByAddress) => {
   /**
    * @typedef {Object} LocalDenomState
    * @property {Store<Denom, PromiseRecord<Courier>>} remoteDenomToCourierPK
+   * @property {Subscription<Denom>} remoteDenomSubscription
    * @property {number} lastDenomNonce
    * @property {ERef<TransferProtocol>} transferProtocol
    */
@@ -257,7 +259,16 @@ const makePegasus = (zcf, board, namesByAddress) => {
       /**
        * @type {Store<Denom, PromiseRecord<Courier>>}
        */
-      const remoteDenomToCourierPK = makeStore('Denomination');
+      const remoteDenomToCourierPK = makeLegacyMap('Denomination');
+
+      /**
+       * @type {SubscriptionRecord<Denom>}
+       */
+      const {
+        subscription: remoteDenomSubscription,
+        publication: remoteDenomPublication,
+      } = makeSubscriptionKit();
+
       return Far('pegConnectionHandler', {
         async onOpen(c) {
           // Register C with the table of Peg receivers.
@@ -265,9 +276,10 @@ const makePegasus = (zcf, board, namesByAddress) => {
             remoteDenomToCourierPK,
             lastDenomNonce: 0,
             transferProtocol,
+            remoteDenomSubscription,
           });
         },
-        async onReceive(c, packetBytes) {
+        async onReceive(_c, packetBytes) {
           // Dispatch the packet to the appropriate Peg for this connection.
           const parts = await E(transferProtocol).parseTransferPacket(
             packetBytes,
@@ -276,6 +288,11 @@ const makePegasus = (zcf, board, namesByAddress) => {
           const { remoteDenom } = parts;
           assert.typeof(remoteDenom, 'string');
 
+          if (!remoteDenomToCourierPK.has(remoteDenom)) {
+            // This is the first time we've heard of this denomination.
+            remoteDenomPublication.updateState(remoteDenom);
+          }
+
           // Wait for the courier to be instantiated.
           const courierPK = getCourierPK(remoteDenom, remoteDenomToCourierPK);
           const { receive } = await courierPK.promise;
@@ -284,9 +301,51 @@ const makePegasus = (zcf, board, namesByAddress) => {
         async onClose(c) {
           // Unregister C.  Pending transfers will be rejected by the Network API.
           connectionToLocalDenomState.delete(c);
+          remoteDenomPublication.fail(
+            assert.error(X`pegConnectionHandler closed`),
+          );
         },
       });
     },
+
+    /**
+     * Get a subscription for remote denoms added on a connection.
+     *
+     * @param {ERef<Connection>} connectionP
+     */
+    async getRemoteDenomSubscription(connectionP) {
+      const connection = await connectionP;
+      const { remoteDenomSubscription } = connectionToLocalDenomState.get(
+        connection,
+      );
+      return remoteDenomSubscription;
+    },
+
+    /**
+     * Abort any in-progress remoteDenom transfers if there has not yet been a
+     * pegRemote or pegLocal for it.
+     *
+     * This races against any attempts to obtain metadata and establish a given
+     * peg.
+     *
+     * It's alright to expose to the holder of the connection.
+     *
+     * @param {ERef<Connection>} connectionP
+     * @param {string} remoteDenom
+     */
+    async rejectStuckTransfers(connectionP, remoteDenom) {
+      const connection = await connectionP;
+      const { remoteDenomToCourierPK } = connectionToLocalDenomState.get(
+        connection,
+      );
+
+      const { reject } = remoteDenomToCourierPK.get(remoteDenom);
+      reject(assert.error(X`${remoteDenom} is temporarily unavailable`));
+
+      // Allow new transfers to be initiated.
+      remoteDenomToCourierPK.delete(remoteDenom);
+    },
+
     /**
      * Peg a remote asset over a network connection.
      *
diff --git a/packages/pegasus/test/test-peg.js b/packages/pegasus/test/test-peg.js
index 43c49e9e41b..0d0a91a5bf9 100644
--- a/packages/pegasus/test/test-peg.js
+++ b/packages/pegasus/test/test-peg.js
@@ -183,5 +183,4 @@ async function testRemotePeg(t) {
   t.assert(!stillIsLive, 'payment is consumed');
 }
 
-test('remote peg', t =>
-  testRemotePeg(t).catch(err => t.not(err, err, 'unexpected exception')));
+test('remote peg', t => testRemotePeg(t));