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ZachXBT says StablR-linked contracts hacked for more than $3 million, EURR & USDR crash by 20%
May 24, 2026
< 1 min read
by Jai Hamid
for CryptoPolitan
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On-chain sleuth ZachXBT reported two contracts tied to European stablecoin issuer StablR were likely drained in a live exploit of about $10 million, with EURR and USDR each slipping more than 20% below peg. The attacker wallet was initially funded via CCTP on Noble, highlighting a security breach that risks stablecoin trust, DeFi liquidity and broader crypto adoption.
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On-chain sleuth ZachXBT said two contracts tied to European stablecoin issuer StablR may have been drained in a live exploit worth about $10 million, with EURR and USDR both falling more than 20% below peg. He posted the alert on Telegram and said the attacker wallet was first funded through CCTP on Noble, and the...
