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Pharos
Pharos

StablR USD (USDR) frozen stablecoin archive

USDR is StablR's MiCA-licensed dollar e-money token; minting and redemption have been suspended since a May 2026 cybersecurity incident.

Static Profile

Static stablecoin profile

StablR USD (USDR) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.

AI summary / Updated Jul 8, 2026

StablR's USDR holds a Malta MFSA EMI license under MiCA with 100% reserves in cash and short-term government bonds, reviewed quarterly by Grant Thornton — a regulatory stack including formal attestations that checks every European compliance box while the market barely notices...

AI summary · drafted by claude-fable-5 · reviewed by @TokenBrice on Jul 8, 2026 · facts as of Jul 8, 2026

Collateral
Cash and short-term government bonds held with regulated European financial institutions
Peg Mechanism
Direct 1:1 redemption through StablR (MFSA-supervised EMI)
Jurisdiction
Malta / MFSA / EMI (MiCA)
Proof Of Reserves
Independent Audit by Grant Thornton Reserve source
Contracts
1 deployment tracked across Ethereum.

Snippet Answer

Is USDR safe?

StablR USD 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.

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 Jul 8, 2026.

USDR quick answers

What is StablR USD (USDR)?

USDR is StablR's MiCA-licensed dollar e-money token; minting and redemption have been suspended since a May 2026 cybersecurity incident. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through StablR (MFSA-supervised EMI)

Is USDR safe?

StablR USD 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 USDR?

Pharos classifies USDR backing as Real-World Asset Backed. Collateral, per the static profile: Cash and short-term government bonds held with regulated European financial institutions Reserve evidence: Independent Audit from Grant Thornton.

Can USDR be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. USDR is a frozen Pharos archive; the recorded history below is read-only.