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StablR Stablecoins EURR and USDR Depeg Following Multisig Exploit

Published on May 24, 2026

Categories: Stablecoins Defi Exploit Security Vulnerability

StablR's EURR and USDR stablecoins experienced a sharp depeg after an attacker exploited a multisig vulnerability, minting $13.5 million in unbacked tokens. The exploit led to EURR dropping to $0.85 and USDR to $0.40, following a dump of $10.4 million in tokens on DEXs.

StablR Stablecoins Depeg Amid Multisig Exploit

StablR's EURR and USDR stablecoins have suffered a significant depeg following a multisig exploit. An attacker successfully minted $13.5 million in unbacked tokens through a multisig vulnerability, subsequently dumping roughly $10.4 million in face value on decentralized exchanges. This led to EURR falling to $0.85 and USDR plummeting as low as $0.40.

Sentiment Snapshot

AI-powered sentiment analysis for coins mentioned in this briefing.

EURR -8

USDR -8

Social Media Prompt

A digital euro and dollar coin, cracked and breaking apart, sinking in a turbulent digital ocean with binary code in the background, illustrating a stablecoin depeg caused by a multisig exploit. Dark, serious tone.