StablR freezes USDR and EURR after attacker mints $13.5 million in unbacked tokens

May 27, 2026 - 04:15
StablR freezes USDR and EURR after attacker mints $13.5 million in unbacked tokens
European stablecoin issuer StablR has suspended minting and redemption services for its USDR and EURR tokens after a cyberattack left the assets under-collateralized, according to a company statement. Onchain investigator ZachXBT publicly flagged the exploit over the weekend, posting that two contracts tied to StablR’s USDR and EURR stablecoins appeared compromised. The Malta-based firm said...

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