StablR Stablecoins Depeg After Exploit

StablR stablecoins depeg after $13.5M exploit StablR's EURR and USDR stablecoins depegged due to a $13.5M multisig exploit. The attacker minted $13.5 million in unbacked tokens, causing EURR to fall to $0.85 and USDR to drop to $0.40. The attacker swapped over $10

StablR stablecoins depeg after $13.5M exploit

StablR’s EURR and USDR stablecoins depegged due to a $13.5M multisig exploit.

The attacker minted $13.5 million in unbacked tokens, causing EURR to fall to $0.85 and USDR to drop to $0.40.

The attacker swapped over $10 million worth of tokens for ETH.

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