StablR Euro (EURR) stablecoin analytics
Answer First
What is StablR Euro (EURR)?
EURR is StablR's MiCA-licensed euro e-money token; minting and redemption have been suspended since a May 2026 cybersecurity incident. The static profile records its Euro peg mechanism as: Direct 1:1 redemption through StablR
Is EURR safe?
StablR Euro is a frozen Pharos archive, not a current safety endorsement. The archived static profile records a Centralized (CeFi) governance model, Real-World Asset Backed backing, Independent Audit from Grant Thornton, and notes that issuer or admin freeze controls are recorded.
Static Profile
Static stablecoin profile
StablR Euro (EURR) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Euro.
AI summary / Updated Aug 11, 2026
EURR was StablR's Malta-MFSA MiCA euro e-money token, with Grant Thornton attestations, Tether's strategic backing, and the full compliance stack, until a May 24, 2026 cybersecurity incident ended the experiment mid-stride. An attacker compromised StablR's minting infrastructure and printed 4.5 million unbacked EURR alongside its dollar sibling USDR; minting and redemption were frozen, and StablR disclosed that circulating supply was no longer fully backed at the 1:1 ratio MiCAR requires. Pharos no longer scores...
AI summary · drafted by claude-fable-5 · facts as of Aug 11, 2026
- Collateral
- Cash and cash equivalents held in segregated accounts at European financial institutions
- Peg Mechanism
- Direct 1:1 redemption through StablR
- Jurisdiction
- Malta / MFSA / EMI (MiCA)
- Proof Of Reserves
- Independent Audit by Grant Thornton Reserve source
Next Actions
This record preserves static and historical context; live actions are available only for active assets.
Source: checked-in StablecoinMeta profile fields. This inactive record does not participate in current live monitoring; the summary above was last updated Aug 11, 2026.
EURR quick answers
What is StablR Euro (EURR)?
EURR is StablR's MiCA-licensed euro e-money token; minting and redemption have been suspended since a May 2026 cybersecurity incident. The static profile records its Euro peg mechanism as: Direct 1:1 redemption through StablR
Is EURR safe?
StablR Euro is a frozen Pharos archive, not a current safety endorsement. The archived static profile records a Centralized (CeFi) governance model, Real-World Asset Backed backing, Independent Audit from Grant Thornton, and notes that issuer or admin freeze controls are recorded.
What backs EURR?
Pharos classifies EURR backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in segregated accounts at European financial institutions Reserve evidence: Independent Audit from Grant Thornton.
Can EURR be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. EURR is a frozen Pharos archive; the recorded history below is read-only.